BOJ's Kuroda: Won't be surprised to see super-long JGB yields rise a bit more

BOJ's Kuroda, who is appearing in the Japanese parliament, notes that he won't be surprised to see super-long JGB yields rise a bit more, BOJ won't attempt to push down super-long JGB yields if they rise more.

Headlines

Don't believe it is desirable for Japan's yield curve to flatten

Recent 10-yr JGB yields moving in line with BOJ's target of around zero pct