Core Viewpoint - The Bank of Japan's deliberation highlights concerns that increased volatility in ultra-long-term bonds may lead to unexpected tightening effects across the entire yield curve, impacting the broader market [1] Group 1 - A member of the Bank of Japan expressed that the rising volatility in ultra-long-term bonds could have repercussions on the entire yield curve [1] - The potential tightening effect on the market is considered non-anticipated, indicating a level of uncertainty in market responses [1]