By: Jamie Coleman
And USD/JPY is flying. We're about 30 bp above the low yields seen in July as the European crisis intensified. Meanwhile, Spanish yields are rising further. 2-year notes up 19 bp, 10-year yields flat. EUR/JPY is being dragged up by the USD/JPY surge, helping put a floor under EUR/USD just below 1.2300.
And USD/JPY is flying. We're about 30 bp above the low yields seen in July as the European crisis intensified. Meanwhile, Spanish yields are rising further. 2-year notes up 19 bp, 10-year yields flat. EUR/JPY is being dragged up by the USD/JPY surge, helping put a floor under EUR/USD just below 1.2300.
