Bank of Japan policy-board members expressed concerns that the central bank's massive purchases of government debt could be seen as financing the budget deficit, eroding confidence in fiscal policy and bringing about unwanted jumps in bond yields.
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Mon, 05/28/2012 - 7:57am
Bank of Japan policy-board members expressed concerns that the central bank's massive purchases of government debt could be seen as financing the budget deficit, eroding confidence in fiscal policy and bringing about unwanted jumps in bond yields.