BOJ Governor Kuroda says that higher yields would reduce the impact of monetary easing

Author: Eamonn Sheridan | Category: Central Banks

Bank of Japan Governor Kuroda was commenting on what would happen (higher yields) if markets lost trust in Japan's finances.

But I reckon its not too much of a stretch to think that "higher yields would reduce the impact of monetary easing" might be what Fed Chair Powell was thinking on Thursday when he shrugged off higher market yields in the US. Higher yields on an improving economic outlook is his view. 

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