Bank of Japan Faces Pressure to Adjust Yield Curve Control Policy as 10-Year Yield Nears 1% Cap
-
BOJ under pressure as 10-year yield nears 1% cap set in July
-
Rising global rates heightening pressure to tweak YCC at Oct 30-31 meeting
-
Raising 10-year yield cap beyond 1% or watering down yield control among options
-
Some BOJ officials oppose exiting easy policy given economic uncertainty
-
Fate of YCC to come under scrutiny, tweaks possible depending on market moves