USD/JPY bears approach 132.00 as yields drop on softer US PMI, downbeat Fed concerns – by anilpanchal7 USDJPY RiskAversion YieldCurve PMI Fed
be linked to the downbeat US Treasury bond yields, as well as softer data, not to forget upbeat comments from Japan Prime Minister Fumio Kishida.
Talking about the yields, the US 10-year Treasury bond yields dropped in the last four consecutive days to 3.42% at the latest while the two-year counterpart marked a two-day downtrend in the last to 3.97%.
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