USD/JPY flows: New Three Month High

USD/JPY continues its rally and reached a new three month high at 155.84. The Japan side has been weirdly quiet but it seems we are still some way from actual intervention, given the current pace of weakness is onesided but not as rapid as before. 

With both the U.S. and JGB yields higher, USD/JPY is trading 0.25% higher at 155.85.