 The BOJ surprised the market by resetting the target rate for the 10 year up to 0.5 from 0.25. The chart above shows the actual 10 year yield with the yield moving toward the 0.5 level it reached 0.432 today. That sent the 10 year yield to the highest level since midyear 2015. In the currency market, the JPY pairs all moved sharply higher higher JPY - see table above. Looking at the snapshot of the USDJPY and the major crosses, the biggest mover was the AUDJPY which fel... 