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Japan should respond 'decisively' to bond selloff, opposition head says

From finance.yahoo.com

Japan should act decisively ​against excessive market moves, such as by buying back government bonds or reducing issuance of super-long notes, Yuichiro Tamaki, head of an influential opposition party, told Reuters on Wednesday. "Market volatility is heightening ⁠significantly with somewhat abnormal moves seen," Tamaki said in an interview, when asked about the recent sharp selloff in Japanese government bonds (JGB). "The government and the Bank of ​Japan should respond decisively to excessive market moves," said Tamaki, head of the Democratic Party for the People (DPP). In addition to sending a strong message ... (full story)

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