USD/JPY flows: Yields Climbing

10yr JGB yields continue to search for higher levels as snap election in February and potentially more stimulus hurt market participants' confidence. 10yr JGB yields are now at level not seen in two decades, so as 2yr yields. The rapid movement could trigger a change to BoJ's bond purchase program, where they are expected to be discussed in the coming meeting.

USD/JPY is trading 0.1% lower at 157.98.