In tightening policy in July, Ueda said the BOJ would raise rates further if inflation remains on track to durably hit its 2% target in coming years, as the board projects.

TOKYO—Bank of Japan Gov. Kazuo Ueda on Friday promised to respond to abnormal rises in bond yields, as expectations for monetary tightening sent Japanese government bond yields to multiyear highs.

TOKYO :Bank of Japan Governor Kazuo Ueda called for global cooperation on Wednesday, saying geopolitical tension could impact financial stability such as by causing sudden reversals of cross ...

Bank of Japan Gov. Kazuo Ueda signaled a readiness to intervene in the bond market to quell a surge in yields, reiterating the central bank’s long-standing commitment to supporting stable markets.

Lawmakers reacted in bafflement when the news spread like wildfire on Feb. 10 through political and financial circles that economist Kazuo Ueda would be named the next Bank of Japan governor.