And the subheading captures the quandary:
- BOJ inaction spurs speculation on where Kuroda and Co. draw line
Via today's Nikkei ... in brief (bolding mine):
- As the Japanese yield curve steepens noticeably beyond the 10-year mark, the market is reckoning with the possibility that the Bank of Japan's tolerance for rises on the ultralong end may be greater than expected.
- "The BOJ is not very interested in keeping yields low" on bonds with more than 10 years left to maturity, said Katsutoshi Inadome of Mitsubishi UFJ Morgan Stanley Securities.
The article is here, well worth a read in full (it's a quickie)
