US 10-year yields are at the highs of the day

US 10-year yields are at the highs of the day

Rates are moving up once again.

After a retracement earlier in the day, US 10-year yields are now back to flat on the day at 1.546% and again within striking distance of yesterday's high of 1.567%.

The rise in yields is coming as USD/JPY touches above 112.00 for the first time since February.

The sands are shifting quickly in markets at the moment.