BOJ's Fukui says stock gains outweigh bond losses

Toshihiko Fukui said the Bank of Japan has no plan to "step in" and manipulate bond yields. Speaking at a monthly press conference he said Japanese banks probably earn more from stock market gains than they lose from lower bond prices.

Source: Bloomberg

Japanese banks probably earn more from stock market gains than they lose from lower bond prices, Bank of Japan Governor Toshihiko Fukui said, adding that policy makers don't plan to manipulate bond yields.

"Because the stock market happened to ga

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