BoJ not rushing major yield adjustments

Strong sentiment: Pedestrians walking in front of the BoJ headquarters in Tokyo. The central bank may choose to adjust policy again this month without warning. - AFP

TOKYO: Bank of Japan (BoJ) 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 sources.

The central bank will make any further policy decisions after looking at the economy and financial markets until the last minute ahead of the upcoming January meeting, according to sources.