USD/JPY falls to 157.70 as US 10-year yield drops to 4.89%

Not enough comparable past events yet for a historical read.

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• May 31, 2024Dollar Drops as Bond Yields Fall on Hopeful US Inflation Report+0.3%
• Jun 21, 2019Dollar extends losses to 2-week low as US bond yields fall-0.1%
• Oct 2, 2019Dollar falls vs yen, euro, tracking US stocks, yields-0.2%
• Jul 12, 2023US dollar stumbles, drops to more than one-year low as inflation eases in June-1.4%
• Dec 4, 2018Dollar drops as treasury yield curve inversion sparks recession fears+0.7%