• USD/JPY choppy but up 0.35% in late NY trading

• Sharp rise in Treasury yields vs nearly static JGB yields lifts

• Thur's 127.82-8.705 range is inside Wed's 127.46-9.43 20-yr high range

• US data, Fed speakers reinforce Fed rate hikes, Treasury yield surge

• 5-10-yr Tsy yields above or near 3%

• G7 meeting didn't focus on FX, yen slide seen due to fundamentals

• Japan inflation out Friday, but won't push BOJ off YCC policy

• Retest of 129.43 highs and 130 options is likely nL2N2WJ1FY

• Bears need a close below Tues's 126.98 low to have any credence

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