A very impressive rally for USD/JPY as it absorbs significant selling interest in the 80.00/10 area and extends gains to 80.30.
US 10-year note yields have added 5 bp from session lows and now trade near 1.95%.
Short-term charts look to have put in a thunderous bottom. Stops are eyed above the 80.30 level from trapped shorts now, traders relay.
