The yen hovered around the psychological 145 level versus the dollar and within reach of its weakest level this year as a persistently wide interest-rate gap with the US weighs on the Japanese currency. Investors are on guard for any sharp moves as traders return in Tokyo following a holiday in Japan on Friday. Any depreciation past 145.07 would take it to a zone seen in late 2022, when Japanese authorities intervened in the market. It was steady at 144.98 at 6:47 a.m. Tokyo time on Monday. The yen was under pressure last week, as a slide in Treasuries pushed up US yields. Benchmark 10-year Japanese government bond ... (full story)