BOJ’s Iwata must guard against JGB yields rising due to risk premium

TOKYO, Apr 2:   It is important that Japan ensures that Japanese bond yields do not rise due to investors demanding an increased risk premium for holding government debt, Bank of Japan Deputy Governor Kikuo Iwata said on  Tuesday.
Iwata, speaking in the lower house of parliament, also said it is important for the government to take steps that guarantee fiscal discipline.
Iwata also said that as monetary easing spreads through the economy, yields could eventually rise due to expectations that the economy will improve. (AGENCIES)