Sunday, 26 May 2013

Economy News Headlines - Yahoo! News: BOJ's Kuroda says pain from bond yield rise is manageable

Economy News Headlines - Yahoo! News
Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.
BOJ's Kuroda says pain from bond yield rise is manageable
May 26th 2013, 06:42

BOJ Governor Kuroda attends the International Conference on the Future of Asia in TokyoBy Leika Kihara TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said the country's financial institutions have sufficient buffers against losses they may incur from rises in bond yields, as long as the market moves are driven by prospects of an economic recovery. The central bank will also be vigilant to any signs of overheating of asset prices or excessive risk-taking by financial institutions, the BOJ chief said, adding that there were no signs of that now. ...


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