• USD/JPY post modest gain as Trsy yields rise after data, equities slip

• Trsy 10-yr yields rises 7 bps to 9-mo. of 4.70% after solid ISM, JOLTs data

• Intraday double-top at 158.43 caps with resist. above at 158.85 July 16 high

• Pair dipped back below 158 as equity risk tone worsened

• Support at 157.22-26 conversion line, 9-day EMA; weekly cloud top is 156.09

• Crosses turn down as U.S. shares slide; EUR/JPY fails to top 164.66 200-DMA

• Broad yen buying in London offsets Asia investor sales though flows sporadic

• Yen back-end vols sink with the 3-mo. slipping to three-week low of ~10%

• Japan Dec. consumer conf. due Wed., focus is on Jan. 9 BOJ's regional survey
Yen

(Robert Fullem is a Reuters market analyst. The views expressed are his own.)