- 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.
Financial Times — World — Japanese Banks and Yield-Curve Control Policy — Lex — Japanese Politics & Policy — Japanese Business & Finance
Japan banks: US bank woes makes scrapping yield curve control difficult
Shares of Japanese banks fall as losses from US bond investments become a real concern and Bank of Japan's yield-curve control policy is unlikely to end soon.