Or at least things have changed as we start the morning in Europe

USGG10YR

Bond yields have climbed back to be more flat on the day with Treasuries among the more noticeable movers as we get the session going. It's still early in the day so one could probably attribute this to lighter flows so let's see how things go in the coming hours.

For now, just take note of the move here as this is what is helping to keep the yen a little weaker with USD/JPY back up to 108.12 now from around 108.00 earlier.