Extension of the operating hours of the BOJ-NET  Specifically, as shown on slide 9, the BOJ has already announced that it will extend the operating hours of the BOJ-NET until 9 pm JST from February 2016. This will generate a longer overlap of the operating hours not only between Japan and Asian countries but also between Japan and European countries.
Long-term rates normally move in response to market participants' prospects for the economy. In the short term, however, they may move erratically in response to various other factors. The Bank of Japan, for its part, will monitor closely the overall trend of financial markets, watching, for example, any developments in long-term rates that are not in line with economic activity.