BoJ reportedly aims to stabilize government-bond market

06/7/2013 | Reuters

Worried about sudden spikes in Japan's government-bond yields, the Bank of Japan is seriously considering measures to bring down market volatility, sources said. The central bank could extend the life of its fixed-rate lending program for banks to two years, they said. The move could reduce the stress on banks that were unprepared for the surge in bond yields.

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