AUD/JPY peeps above 1H 200-MA on upbeat China PMI

The bid tone around the Aussie dollar strengthened, pushing the AUD/JPY above the 1-hour 200-MA level of 84.80 and to the fresh session high of 84.98
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AU-US 10Y spread at 17-year low, AUD no longer a high yielding currency?

The spread currently stands at 13.5 basis points (bps); the narrowest since June 2000. It means the 10-year Australia bond yield offers 13.5 basis poi
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