The dollar remained in perky form with its rebound continuing for a second day. This steered EUR-USD to a one-week low at 1.1290 and USD-JPY to a two-day peak at 107.26, even though the yen posted modest gains versus the euro and other currencies. A persisting risk-off theme kept the haven yen supported. The 10-year JGB yield followed the lead of European and U.S. bonds yesterday and fell to a record low, which in the case of the Japanese benchmark is -0.14%. The 15-year JGB fell into negative territory for the first time, making -0.004%.
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