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USD/JPY nudges a little higher as Treasury yields catch a light bounce on the week

It could be month-end flows or haven bids, or maybe it was a bit of both that saw inflows into bonds this week. But as we get things going in June, Treasury yields are now seeing a decent bounce on the new day/month. 10-year yields are up 4.6 bps to 3.683% and that is helping to provide a bit of a lift to USD/JPY today.The pair did slip towards the 139.00 mark at the start of trading today but has caught a modest rebound now to 139.80, trading to the highs of the day.The 140.00 mark though is st... Read More

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Usd

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Higher

Treasury

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Light

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Posted: Jun 1 2023, 07:12

Author Name: forexlive

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