BOJ could speed tightening, but bond purchases unlikely—Capital Economics
Market talk cites Capital Economics saying faster BOJ tightening is the likely near-term response to higher JGB yields, which may ease inflation worries. Another step-up in bond purchases would likely require further yields surge.
0827 GMT - Faster tightening is the BOJ's most immediate response to the increase in JGB yields, Capital Economics says.
That can reduce lingering concerns about inflation, but it would probably take a further surge in yields to convince the BOJ to step up bond purchases again.
The 10-year JGB yiel…