Kuroda: Negative rates having ‘visible’ impact on JGB yields

haruhiko-kuroda-

Negative interest rates are "already clearly visible" in the development of Japanese government bond (JGB) yields, Bank of Japan (BoJ) governor Haruhiko Kuroda said on April 13.

Rates across the "entire" yield curve have fallen, he told an audience at Columbia University in New York. Rates up to a maturity of "around" 10 years have become negative, he added.

"Benchmark rates for business lending as well as interest rates on housing loans have also declined," Kuroda said, adding that commercial

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