US 10-year yields are now up 9 basis points in the largest climb since the FOMC meeting on March 19.

It doesn’t take a million-dollar technical analyst to see the similarities in these charts and it’s usually yields leading the way.

US 10s
USDJPY

USD/JPY is at the highs of the day. Medium offers are protecting 102.50 with buy stops above. more stops at 102.55.