Bank of Japan Said to Be Looking at Policy Review

The transcript discusses the potential for an economic review by the Bank of Japan (BOJ) in the latter half of the year, likely under a new governor. It reflects on historical market changes since Karoda's tenure and considers the impact of potential policy shifts, such as ending negative rates or adjusting interest rates. The BOJ is expected to make minor, technical changes to avoid market disruption. A survey of economists suggests no immediate changes, but anticipates a review next year, with possible adjustments to forward guidance and yield movement ranges.

How might the new governor influence the review process?

What are the concerns regarding the bond market mentioned in the text?