US 10’s touched 2.185% before bouncing back into 2.19% and stocks have just nudged up from the lows with the S&P -22 and theDow -193

USD/JPY has bounced from 117.95 to 118.56. 118.55/65 was resistance on the first move to 118.19 and if it holds then we’re likely to head lower again, but possibly at a more sedate pace.

USDJPY M15 chart 09 12 2014