• USD/JPY passed May's 131.35 20-yr high as Tsy ylds rise on Fed hike pricing

• Early risk-on flows also took a toll on the haven yen more broadly

• Adding to yen loss was BoJ Gov Kuroda's uber-dovish remarks nL1N2XT06W

• Post the payrolls beat, Fed and rates focus is now on Friday's CPI report

• Hike pricing and yields back up by May peaks and 2018 highs re Tsy yields

• Little USD/JPY historical resistance until 2002's 135.20 EBS peak

• Option expiries strewn from 132 to 135, weekly BB top by 135 nL1N2XT18P

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