After sliding relentlessly for much of the past month on expectations that the BOJ will be the "odd" central bank out, refusing to join its developed peers in tightening financial conditions, and the USDJPY rising as high as 122.44 earlier (from 115 three weeks ago), the yen jumped on Friday morning in Japan, after the 10Y JGB crossed a critical resistance level without intervention from Kuroda. {chart} Entering the final trading day of the week, with 10Y JGB yields on the verge of rising above 0.23%, traders were bracing for another massive bond market intervention by the BOJ. As Bloomberg's Wes Goodman put it, ... (full story)