BOJ governor, Haruhiko Kuroda, speaking on the central bank's future plans
- But yields should also rise, raising BOJ bond earnings
- BOJ has been increasing savings to prepare for JGB fall
- Gradual yield rise will see BOJ shift to longer JGBs instead
All this talk is nothing more but conjecture at this point. The BOJ remains nowhere near to exiting their easing policy and they may never will. But it is Kuroda's job to put up the facade that the central bank is still in high spirits in hoping that day will come.
