NEW YORK Jan 29 The dollar weakened further
against the yen on Wednesday as lower U.S. bond yields reduced
the relative appeal of U.S. investments versus their Japanese
The greenback fell to a session low of 102.21 yen in
early New York trading, down 0.7 percent from late on Tuesday.
It still held above a seven-week low against the yen set on
Monday due to jitters over financial woes in Argentina, Turkey
and other emerging markets.
The yield on benchmark 10-year Treasuries fell
to 2.722 percent, down about 3 basis points from Tuesday's