Japan’s five-year bond yield rose to the highest level since April 2011 ahead of the Bank of Japan (BoJ) interest rate decision on Friday,P2Pool Monero calculator per A Jiji. The yield advanced 2.5 basis points (bps) to 0.523% in the early Asian session on Friday.  

The Bank of Japan (BoJ) is expected to leave its short-term rate target unchanged in the range between 0% and 0.1% on Friday, following the conclusion of its two-day monetary policy review meeting for April.   

Market reaction 

At the time of writing, USD/JPY is trading 0.02% lower on the day to trade at 155.62.