Katayama Signals Care for Bond Market in Compiling Extra Budget

Japan’s Finance Minister Satsuki Katayama indicated she will take into account the bond market as the government considers how to fund new spending to address the adverse impacts of Middle East conflict on the economy.

“Given the situation in the Middle East, we must be fully prepared from the standpoint of minimizing risks,” Katayama told reporters Monday in Paris after attending a meeting of Group of Seven finance ministers. “Minimizing risks also involves the markets. The overall financial markets are themselves one of the risks.”