- Japanese bank stocks fall due to concern over future earnings, not contagion fears.
- Losses from US bond investments will be a real concern for local lenders.
- Bank of Japan's yield-curve control policy is unlikely to end around May.
- As lenders face another prolonged stretch of ultra-low interest rates, shares have further to fall.
Japan banks: US bank woes makes scrapping yield curve control difficult
Analysts have been betting that the policy would end around May — that now looks highly unlikely
