• USD/JPY's high on Wed was at 150.05 on EBS as of this writing

• Still below Oct's 2023 peak at 150.165, Monday's 150.14 high

• Gains powered by rising Tsy-JGB yld spreads

• Another upside breakout attempt looks likely sans US data misses

• Uptrend pullbacks have dwindled, with TL prop at 149.51 on Thur

• Bulls with hefty carry in their favor face MoF yen selling risk 150+

• Particularly if 2022's 32-year yen low looks to be in market's sights

• Thur's US GDP, durables, claims and pending homes impact on yields eyed

• Fri brings core PCE, income, spending and U Mich

• Some questions about how much Tsy ylds rise is on hot data vs fiscal risk

• Brewing geopolitical risks impact on oil and oil importers (Japan) eyed

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