BOJ likely to modify policy by September: U.K. hedge fund

As rate rises loom, BlueBay Asset exec says selling JGBs 'attractive'

20220616yen

The yen is trading at more than 20-year lows against the dollar as the divergence between the Bank of Japan, with its ultraloose policy, and a tightening U.S. Fed widens. © Reuters

DAICHI MISHIMA, Nikkei staff writer

TOKYO -- The Bank of Japan is likely to alter its ultraloose policy between July and September as the weakening yen drives up prices and poses a political headache for the government, an executive with a U.K.-based hedge fund said in an interview with Nikkei.

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