Masatsugu Asakawa is vice minister of finance for international affairs. What that means is he tells the BOJ when to go intervene in the currency.

  • Says maintaining G20 policy coordination difficult when compared to when G20 began during the GFC
  • At the fin min G20 meeting we recognised the risks in EM, Europe and trade
  • Global imbalances need multilateral attention
Masatsugu Asakawa is vice minister of finance for international affairs. What that means is he tells the BOJ when to go intervene in the currency.

The yield on the 10 year JGB is near -0.15%, the lower end of the BOJ range.