Japan Government Bond yields: 5yr rises to its highest since January of 2016

10/07/2017 | 03:43 GMT

Helping to support USD/JPY - on Friday the Bank of Japan stepped in to drive down the yield on the 10 year bond

The USD/JPY market is guessing there may be more of the same to come. I think they may be getting a wee bit ahead of themselves.

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