A marked change in fortunes for the Yen following its fleeting breach of 100 DMA resistance vs the Dollar yesterday, as EUR/JPY rebounds sharply through 130.35 and the 50 DMA alongside US Treasury yields amidst further bear-steepening and renewed risk appetite. The Yen may also be factoring in reports that Japanese PM Suga is preparing an economic package and supplementary budget, plus pretty dovish/downbeat from BoJ’s Wakatabe.