Kuroda not giving anything away just yet
- BOJ won't allow yields to fall for a prolonged period below its target
- Will take appropriate market operation steps if needed
The current threshold in which the BOJ will allow long-term yields to run is +/- 0.20% from the zero level, so this once again adds to the notion last week that perhaps the central bank is viewing the -0.30% level as a key threshold to defend:
