US Treasury yields jump higher across the curve
30-year yields are up by more than 6 bps on the day and approaching 2.10% at the moment. Yields are higher across the curve and that is helping to lend a bid into yen pairs on the session. USD/JPY has now moved up to a session high of 106.57 from 106.40 earlier.
Call it profit-taking or an extended period of calm/relief but it looks like markets are keen to play it safe ahead of Jackson Hole later in the week.
