Core Viewpoint - The Bank of Japan (BOJ) has indicated that long-term interest rates will be determined by market forces, signaling a shift in its monetary policy approach [1] Group 1 - The BOJ's decision reflects a move towards allowing greater market influence on interest rates, which may impact the overall economic landscape in Japan [1] - This change could lead to increased volatility in the bond market as investors adjust to the new framework [1] - The central bank aims to maintain its accommodative stance while gradually transitioning to a more market-driven interest rate environment [1]