USD/JPY Hit Resistance at 145 – Level at Which Japanese Officials Intervened Last Sep

<p>Markets Reaccelerating European core inflation in June came as no surprise to markets last Friday. German yields went up to 3.8 bps (30-y) lower into the weekend even as services inflation (5.4% y/y) bounced to a new series high. US data included personal income/spending and the PCE deflators but failed to inspire US investors. Yields […]</p>
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