USD/JPY Gains Ground Amid Rising Treasury Yields

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USD/JPY climbed above the 150.00 level as Treasury yields moved higher.

USD/JPY attempts to settle above the 50 MA at 150.02 as traders focus on rising Treasury yields. The yield of 2-year Treasuries moved above the 3.90% level, while the yield of 10-year Treasuries climbed above 4.20%.

In case USD/JPY settles above the 150.02 level, it will head towards the resistance at 152.00 – 152.50.

USD/JPY 030425 4h Chart

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