The yen is strengthening amid expectations of new trade duties by the the administration of US President Donald Trump. The Japanese currency rose by almost 0.8%. On Friday, the yen has already demonstrated growth on the background of data on the core inflation in the U.S., which raised concerns. The shift to defensive assets was also reflected in U.S. Treasuries: yields on 10-year securities fell to 4.0 percent. 10-year securities decreased to 4.19%. Experts note that the economic data of the USA indicate signs of stagflation, which puts pressure on the economy. stagflation, which puts pressure on risk assets. In anticipation of ahead of the introduction of new duties, the markets remain in tension, and investors continue to looking for reliable instruments to protect capital. The decline in USD/JPY is starting from the resistance zone around the mark of 151.00, which we wrote about earlier.