BOJ’s Iwata: Will conduct exit strategy without confusing market

The Bank of Japan (BOJ) deputy governor Iwata was on the wires last minutes, via Reuters, making a statement on stimulus exit strategy.
Key Points:
Revenue from holding bonds could rise at exit
Hard to say what rate on excess reserves would be at exit
Will avoid causing sharp yield rise on exit
Will conduct exit strategy without confusing market
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
















