# USD/JPY: yield spreads are once again widening in a JPY-bearish manner - Scotiabank — Octa

> Scotiabank analysts said yield spreads are widening in a way that favors yen weakness and that the near-term risks favor an unwind of recent safe-haven gains. They also noted that EURJPY bounced off support near 125 and that USDJPY closed at a low. Japanese retail sales came in stronger than expected.

- Date: 2018-05-30 · published 2018-05-30T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/65271-usd-jpy-yield-spreads-are-once-again-widening-in-a-jpy-bearish-manner
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Wider US-Japan yield spreads tend to push USD/JPY higher as capital moves toward higher-yielding dollar assets. This is a currency-market view with little direct bearing on feed commodity prices.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/574090/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.