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USD/JPY 2-yr USD-JPY yield spreads underpin

Source: Thomson Reuters USD/JPY 120.84 low caromed off Apr's high. US Claims good enough 2-yr USD-JPY yield spreads underpin; 10-yr spread drop partly on Japan Treasury buying 121.50 option defense, with stops mixed with…

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Source: Thomson Reuters


  • USD/JPY 120.84 low caromed off Apr's high. US Claims good enough 

  • 2-yr USD-JPY yield spreads underpin; 10-yr spread drop partly on Japan Treasury buying

  • 121.50 option defense, with stops mixed with offers above to 122.04 trend high

  • Weekly Flows show tln of Japanese buying foreign bonds

  • N225 highest since '00 today; BOJ digesting better data into 2-day meeting

  • US May Markit PMI, regional Fed indices & Existing Homes ahead

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