High-spin states in 154Dy were studied with the Gammasphere spectrometer using the 36S(122Sn,4n) reaction. Band terminating states were identified in the spin range I= (36-48)ℏ, and were found to compete with collective rotational cascades up to the highest observed spins. Several "sidebands" feeding the terminating structures were identified as well. A band dominated by M1 transitions was observed to terminate at Iπ = 42-. The data are interpreted within the framework of configuration-dependent cranked Nilsson-Strutinsky calculations without pairing
