ICYMI: BOJ set to allow 10-yr Japanese government bond yields to rise above 1% (‘sources’)

That’s the hot tip from Japanese media outlet ‘Nikkei, the paper citing unnamed sources.

Adam had the info here:

• BOJ to consider policy tweak to allow 10-year yields to exceed 1% — report

The report shoved a bid behind the yen (USD/JPY lower):

This article was written by Eamonn Sheridan at www.forexlive.com. Source