Bank of Japan Governor Kazuo Ueda said policymakers need more time to decide on the central bank's massive holdings of Japanese government bonds (JGBs) and exchange-traded funds purchased as part of its monetary easing program, which amounts to trillions of yen.
Speaking in parliament, he emphasized the need to assess valuation risks and the potential for market instability before determining how to manage these holdings.
Ueda also noted that the BoJ's large holdings of approximately ¥580 trillion in JGBs continue to affect the market.