The US 10-year yield has popped above 2.5%, supporting the greenback, and bond yields in the 10-year segment are at risk of spiking higher, Saxo Bank's strategy team says.

• • FX markets showing increased volatility, especially driven by JPY
• • Possible shift in BoJ policy creates big potential for JPY appreciation: Hardy
• • US 10-year yield pops above 2.5%
• • 10-year yields at risk of spiking higher globally: Fasdal
• • Momentum in crude oil remains strong: Hansen