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BoJ’s Ueda: Not thinking about selling long-term JGBs as tool to adjust interest rates

Bank of Japan (BoJ) Governor Kazuo Ueda spoke in the Japanese parliament on Friday, noting that he is “not thinking about selling long-term JGBs as a tool to adjust interest rates.” Additional quotes Reduction in JGB purchases would represent just 7-8% of balance sheet, not large reduction.

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