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#AI Agents Tokens Surge #PI Listing Carnival #IP & BERA Price Bounce Up
Kinjun data on February 21 indicated that the Japanese Central Bank Governor, Kazuo Ueda, hinted at his readiness to intervene in the bond market to curb rising yields, and central banks confirmed their long-term support for market stability. In response to questions from parliament on Friday, Kazuo Ueda said, "Bond yields fluctuate to some extent," "In exceptional cases where yields rise significantly over the long term, bonds will be purchased flexibly to enhance yield stability." Following Kazuo Ueda's statements, Japanese bond yields fell and the yen weakened. Earlier on Friday, benchmark Japanese government bond yields approached their highest level in 15 years after consumer inflation accelerated in January. Christopher Wong, strategist at OCBC Bank in Singapore, said, "The market has always been looking for signals from Kazuo Ueda to understand the recent rise in Japanese bond yields." "Reminders of Kazuo Ueda's statements confirm that the Bank of Japan is closely monitoring the market, and policymakers can intervene in the event of "excessive volatility" in the bond market." The Bank of Japan previously indicated that it would buy bonds in the event of a significant rise in bond yields.