BOJ is watching bond yields 'closely' Suda says

Bank of Japan board member Miyako Suda said in a speech that the BoJ is closely watching the bond market but it will take time to assess the effect of asset prices on the economy.

Source: Bloomberg

The Bank of Japan is ``closely'' watching the government bond market, the world's largest, after yields rose above 1 percent for the first time since December, said board member Miyako Suda.

``We are watching closely the movements of long-term yields,'' Suda in a speech in Oita in southwestern Japan. `

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