No consensus yet in BoJ's board on how frequently and by how much it could raise its yield targets if it were to do so in future
Shouldn't rule out possibility of raising BoJ's yield targets before 2 pct inflation target is achieved
BoJ may struggle to keep 10-yr JGB yield target around zero if consumer inflation accelerates around 1 pct later this year
BoJ should not raise yield targets just because long-term rates are rising in tandem with U.S. yields
Hard to set explicit interest rate levels in guiding yield curve to appropriate shape