BOJ’s Kiuchi – frequently raising yield curve target could boost rate hike bets

Bank of Japan’s (BOJ) Kiuchi, while speaking with media, said frequently raising yield curve target would boost rate hike bets, making it further difficult for the central bank to manage the yield curve.

Kiuchi added, “Increasing bond buying comes at a cost”.

Kiuchi, while talking to Bloomberg earlier today, said the current pace of the bond buying is unsustainable.