The US dollar is under some pressure as Treasury yield sink. US 10-year yields are down 6.1 bps to 4.15%, which is the lowest since February 13. That drop is weighing on USD/JPY, which is down 49 pips to 105.02.What is driving the move?I'm tempted to point the finger at China. The market doesn't like what it heard on Taiwan and increased military spending. Moreover, the consumer stimulus talk hasn't been enough to boost Chinese equities with FXI down 1% in the premarket.Risks are also high on the economic calendar with the ISM services report and factory orders data due at 10 am ET (1500 GMT). Here is BMO's fixed income team ahead of the report:Friday’s disappointing ISM Manufacturing data h
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