USD/JPY flows: Verbal intervention appears

After a brief break and fail of 149 level on Wednesday, USD/JPY is once again heading to challenge the level again on Thursday's Asia session. We began to hear some verbal intervention from Japan Deputy Chief Cabinet Secretary Aoki voicing the concern of speculative FX market movements but does not seem to be stalling the up move yet. 

With U.S. Treasury Yields outperforming JGB yields, USD/JPY is trading 0.49% higher at 148.60.