Japan finance minister: wants Bank of Japan to have thorough dialogue with JGB market

TOKYO Tue May 21, 2013 5:34am IST

Japan's Finance Minister Taro Aso smiles as he adjusts his headphones during a seminar at the Asian Development Bank's (ADB) 46th annual board meeting in Greater Noida, on the outskirts of New Delhi May 3, 2013. REUTERS/Adnan Abidi

Japan's Finance Minister Taro Aso smiles as he adjusts his headphones during a seminar at the Asian Development Bank's (ADB) 46th annual board meeting in Greater Noida, on the outskirts of New Delhi May 3, 2013.

Credit: Reuters/Adnan Abidi

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TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday that he wants the Bank of Japan to have a thorough dialogue with markets in the wake of volatility in the government bond market.

"Governor Kuroda is communicating with the market in a thorough way and I expect the bank to continue to do this," Aso said to reporters after a cabinet meeting.

The BOJ is expected to stand pat on monetary policy this week despite jitters over the recent volatility in bond markets, hoping it can prevent a renewed spike in yields by fine-tuning market operations.

(Reporting by Tetsushi Kajimoto; Editing by Edwina Gibbs)

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