Central Banks
BOJ Sees Little Need to Rush Major Yield Adjustments
- BOJ assessing impact of December move for now, people say
- Yen weakens on news that BOJ may be in wait-and-see mode
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Bank of Japan officials see little need to rush to make another big move to improve bond market functioning, and the BOJ should assess the impact of last month’s yield adjustments for now, according to people familiar with the matter.