US 10-year yield rises, dollar/yen climbs to as high as 155.24 yen.

[9/15Market Overview]

During Tokyo hours, USD/JPY rose to 5-10 day “gōtōbi” Tokyo fixing dollar-buying expectations and as the U.S. 10-year yield climbed to the 5.02% range, reaching 154.89 yen. During European hours, USD/JPY briefly rose to 10-year yields, on growing expectations of U.S. rate hikes.155.24 yen amid ongoing Middle East tensions, rising crude oil futures, and higher U.S. NY hours saw the U.S. 10-year yield fall to the 4.98% range, pushing USD/JPY down to 154.69 yen. However, it later firmed and rose to 155.20 yen.

[9/16Market View]