• USD/JPY rebounds above 145. Though, hurdles at 146.50 cap for now

• Suggests price action remains skittish

• While treasury yields and equities have led the way higher nL1N3JT11C

• Both are approaching near-term impediments with SPX at 5300-10

• Resistance in the U.S. 10yr yield resides at 3.95% (pre-NFP level)

• Closing break above would likely setup a larger recovery in USD/JPY

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