Yields in Japanese 10-year government bonds are heading back towards 0%
That should keep the BOJ happy for a bit, as their target under the yield curve control policy is for 10-year yields to stay as close as possible to 0%.
Currently it is trading at 0.023%, after threatening to go above 0.10% in late January/early February here - when the BOJ had to intervene and offer to buy unlimited amounts.
Well, not like market participants can have much say about that any way considering the volumes traded in these things. If only they can do something about the yen though.
