The yield on the 10 year Japanese Government Bond has hit its highest since April 2014

Has risen to 0.64%.

Last week the limit was raised to 1% from 0.5%.

Do we get Bank of Japan intervention today (to buy 10-year JGBs and thus lower the yield)?

Meanwhile a USD/JPY update. It leapt higher after the Bank of Japan widened the band last Friday:

This article was written by Eamonn Sheridan at Source