US benchmark 10-year note yields have risen back to 3.75% level as impending supply prepares to hit the market this week and strong economic data stocks reflation hopes. The pop in new home sales is the the latest green shoot, almost tripling expectations.
USD/JPY trades at session highs, supported by those rising yields, now at 95.35. 95.45 is next resistance, followed by more at 96.05.