Dollar-yen is trading near session lows in European midday trade after Japanese Finance Minister Miyazawa said there was no intention to push the yen lower, which started a decline in the pair from Y125.40/50 in Asia. Meanwhile, euro-dollar also moved lower after running into European bank sell- orders from $0.8990. --US Treasuries fell in Europe as equities rose sharply, traders said. Yields on the 2-year and 5-year notes rose 2 basis points to 4.11% and 4.51%, respectively, while the yields on the 10-year and 30-year bonds increased by 3 basis points to 4.95% and 5.53%, respectively. Short-dated eurozone bonds were firmer as Germany's six leading economic institutes cut their growth forecasts and fuelled hopes for an ECB interest rate cut tomorrow. --European equities were higher. the FTSE-100 was up nearly 2% at 5772, the Xetra Dax was up 1.8% and the CAC-40 was up 2.3%. Most Asian markets were weaker. The Nikkei 225 closed 1.7% lower, Taiwan down 0.9%, South Korea down 1.3%, but the Hang Seng up 0.1%.