Traders report they’ve seen selling out of Tokyo in the last little while, pushing USD/JPY down to 83.22 from around 83.30 a short while ago. Japanese bids have been rumored around the 82.50/70 area, so it looks as though everyone is playing the same range-trading game today….
US yields are off of earlier session highs. We’re now down to 3.325% from earlier highs around 3.37%.