USD/JPY above 123.20 hurdle, eyes 2022's 125.105 peak as Tsy yields surged

Tsy yields soar to roughly 3-yr highs on hawkishness of Fed's Brainard

Normally a dove, she sounded the inflation, Fed hike, QT alarms nL2N2W3162

ISM services also supportive of Fed tightening, higher rates nL2N2W317Q

Beyond 2022's 125.105 EBS peak is 2015's 125.86 highest high since 2002

That target's joined by the 161.8% Fibo off last week's lows

BOJ is not only not raising rates, but has upped QE to cap all JGB yields

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