Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Abe Says Expecting Kuroda Communication to Stabilize JGB Market

Japanese Prime Minister Shinzo Abe said large-scale government bond purchases by the Bank of Japan could have a substantial effect on the market and that he expects new Governor Haruhiko Kuroda to communicate effectively to improve stability.

Abe was responding to questions from opposition Democratic Party of Japan lawmaker Kazuya Tamaki today about volatility in the JGB market on April 5, a day after the BOJ decided to double monthly bond purchases and extend the maturity of bonds it buys.

“He has great skill at communicating with the markets and the international community,” Abe said of Kuroda. “I expect him to improve stability through close communication,” Abe told a parliamentary committee.

Abe picked Kuroda as BOJ governor to push through his plans for bold monetary easing in a bid to shake off 15 years of deflation. He was approved by parliament last week for a five-year term.

The yield on the benchmark 10-year note fell to 0.315 percent on April 5, the lowest on record, before rising later in the day. Bond futures plunged, causing the Tokyo Stock Exchange to issue circuit breakers twice for the contracts.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.