The countdown is beginning toward the end of the Bank of Japan decadelong radical monetary easing, although markets are divided about how many ticks are left on the clock. The central bank on Friday let the yield on the 10-year Japanese government bond rise to a nearly nine-year high, and Gov. Kazuo Ueda said he was giving the market more freedom to push yields higher. Policies under Kuroda included a negative short-term interest rate and large purchases of government bonds to keep the 10-year bond yield tightly capped, most recently at 0.5%.
Read More : Bank of Japan Eases Control on Market, Allowing Yields to Soar to 9-Year High