• USD/JPY climbs with Trsy yields after as tariff talks commence

• Fed Kugler says focus should be on keeping inflation in check

• Sliding yuan after Trump threatens tariff increase also buoys

• PM Ishiba urged Trump to rethink tariffs, sending top team to negotiate

• Nikkei reports Bessent to lead U.S. tariff talks with Japan, yen on agenda

• Yen vols and skews stay elevated; USD/JPY O/N at 24%

• Support: 146.10-34 Apr 3 close and lower Bollinger; 144.34 Aug 7 low

• Resistance: 148.18 March 17 low; 148.88 21-DMA
Yen

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