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US yields on the rise pushing USD/JPY to session highs
The US treasury yields have risen since the European opening and that has now seen the 10 year note lift to a new interim high above 4.30%. The 2 year note is above 4.15% just now and this is supporting the USD/JPY and pushing it to fresh session highs above 153.40 right now. However, at the same time it has not materially dented Gold much at all yet. The metal is still resisting a new all time high for the time being though, having rejected that earlier today, despite coming very close. The record remains in place at $2,758.49. The USD/JPY is just now trading at 153.40
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