USD/JPY flows: More geopolitical tension drove lower U.S. yields

More geopolitical headline crossed the wire with US military conducted another round of strikes on Houthi targets in Yemen and Pakistan Foreign Ministry confirms Pakistan undertook series of military strikes in Iran. This seems to suggest early signs of geopolitical tension spreading and getting neighbor countries to involve. U.S. Treasury Yields are lower, along with major equity indexes seems to suggest a sour risk mood. The lower yield also  lead to some offers in the greenback.

10yr JGBs rose on the session and supports the JPY to see USD/JPY trade 0.06% lower at 148.05.