Bank of America Merrill Lynch is bullish US Treasuries from 5yrs and out, targeting a push back toward the Jan-30 lows of 1.150% (5s), 1.636% (10s) and 2.218% (30s). "Now, get ready to act.. We would look to buy that yield bounce (price dip) for a push to the Jan lows, at 1.636%," BofA advises. Thus with US Treasury yields rolling bullish, BofA thinks that the USD is set to correct further.  "The USD Index (DXY) is likely to extend down to 95.72/94.63 before renewed basing, while USD/JPY returning to its multi-month chopfest," BofA argues. "Indeed, USD/JPY weakness can extend to 118.15, potentially as far ... (full story)