USD/JPY continues its slide, presently down at 91.60. The move comes with US treasury yields continuing lower against the backdrop of heightened risk aversion (treasuries in demand as safe haven) and disappointing US jobs data.
2 year yield down at 0.7261 from 0.8095 when I started today. 10 year yield down at 3.2168 from .3.3639. 30-year 4.1486 from 4.2671.
Elsewhere, EUR/JPY (many people’s favourite currency risk barometer) has slipped through 110.00, presently at 109.90.
