Captain Charisma now popping up

  • Need to closely monitor the trend in prices as momentum is still lacking

  • Consumer spending was weak but is now starting to recover

  • Economy has continued its moderate recovery trend

  • BOJ needs to continue monetary easing to achieve price target

  • BOJ still has a long way to go to hit price goal

  • Shape of yield curve is in line with BOJ policy

10yr JGB's had been on a little wander up to 0.15% this year but during April, they've fallen back to the 0.0% mark, the lowest since Nov last year.10yr JGB yields

10yr JGB yields