BoJ Gov. Kuroda: Rise in the US yields triggered correction in markets

Haresh Menghani FXStreet

The BoJ Governor Haruhiko Kuroda, speaking at the G20 summit in Bali, was noted saying that the recent surge in the US bond yields triggered a correction in the markets but there is no change to solid fundamentals in Japan, US, European economies.

He further added that the central bank will keep a close eye on markets and its effects on the Japanese economy, prices.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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