(takes out name in title )

• USD/JPY sets fresh 2-wk low as US asset prices are pressured

• Unresolved US budget worries, foreign Trsy demand, geopolitics weigh on sentiment

• Trsy 20-year yields rise to highest level since Nov 2023 after a soft auction

• Session range widens marginally to 143.30 to 144.54 on EBS

• Yen vols hold firm on demand for 140 puts on G7 downside risks; 139.89 is YTD low

• Series of lower highs weigh; 142.47 May 6 hourly gap eyed as descending cloud caps

• Resist: 144.27-47 base line; 144.47 21-DMA; 145.69 cloud bottom

• Supp: 142.36 May 6 low; 141.68 April 22 high

• Yen crosses stay on back foot
Yen


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