Bernanke Strikes First Yen Blow as Yield Gap Rises

Bernanke Strikes First Yen Blow as Yield Gap Rises

Kiyoshi Ota/Bloomberg

The yen rose 0.3 percent to 87.87 per dollar as of 2:51 p.m. in Tokyo today, after dropping past 88 on Jan. 4 for the first time since July 2010.