The yen led gains against Group-of-10 peers as regional stock markets racked up losses, while rising Treasury yields helped a gauge of the dollar consolidate around its gain on Wednesday.

The Bloomberg Dollar Spot Index held steady. It rose 0.2% on Wednesday to arrest a three-day slide. The advance was prompted by bond yields, which rose after Fed minutes showed that although the recent pause was unanimous, some members considered a 25bp hike.

The yen rose as much as 0.3% on buying over the Tokyo fix, then amid leveraged, risk-off flows which largely tracked the Nikkei 225 index. Higher local Australian and New Zealand yields attracted buying of the Aussie and kiwi, with the latter thought to benefit from offshore inflows taking part in a NZ$5 billion syndicated bond tap.

The Bloomberg Dollar Spot Index was steady after rising 0.2% the previous day; two-year Treasury yield added one basis point to 4.96%. US data later today includes ADP employment, S&P PMI and JOLTS job openings

USD/JPY declined 0.2% to 144.40 after hitting 144.20 intraday low.

Source: Bloomberg