As stock and commodity losses have tempered in the last hour or so, US yileds have bounced back. US yields on 10-year benchmarks dipped below 3.10% late this morning but have now bounced in yield to 3.1325%.
USD/JPY has gotten a lift, bouncing from 81.35 to the 81.55 area.
EUR/JPY is rebounding as well, triggering small stops above the 114.70 level. The cross trades now at 114.80.
