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

<p>Has risen to 0.64%.</p><p>Last week the limit was raised to 1% from 0.5%.</p><p>Do we get Bank of Japan intervention today (to buy 10-year JGBs and thus lower the yield)?</p><p>-</p><p>Meanwhile a USD/JPY update. It leapt higher after the Bank of Japan widened the band last Friday:</p>

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