BOJ dove Noguchi sees no need to change JGB tapering plan

The Bank of Japan is set to reaffirm its bond purchase policy without significant changes as it nears the end of its current reduction period. BOJ board member Asahi Noguchi stated that any adjustments should be made from a longer-term perspective, avoiding hasty changes now. This comes amid market concerns and yield spikes among longer-term bonds. The BOJ will update its guidelines at an upcoming meeting on June 17.