日本国债收益率曲线控制——长期影响

I'm leaning towards a tactical move. They've shown a consistent reluctance to fully abandon YCC, and this just feels like another iteration of managing the pressure points without a full pivot.

It's a delicate dance. They need to show some flexibility to maintain market function, but a full normalization without clear economic tailwinds could backfire immensely. I think we'll see more minor adjustments before any major policy overhaul.