Treasuries Slide On Japan Shock

Benzinga

Treasury yields climbed to four-month highs after a selloff in Japanese bonds spilled into global debt markets, amplifying concerns over capital flows and geopolitical risk.

Transcript

00:00It's Benzinga bringing Wall Street to Main Street.

00:02Treasuries fell as yields climbed to the highest levels in more than four months

00:06after a sharp sell-off in Japanese bonds spilled into global debt markets, according to Bloomberg.

00:12Trading resumed after a U.S. holiday as investors reacted to surging Japanese yields

00:17and rising tensions tied to Trump's threats over Greenland.

00:20U.S. 30-year yields rose 10 basis points to 4.94%,

00:24while 10-year yields increased 7 basis points to 4.3%.

00:29The highest since September 3rd.

00:31Japan's 40-year yields moved above 4% for the first time on record,

00:36pressuring long-dated debt globally.

00:38Strategists said higher Japanese yields could pull capital back home and weigh on U.S. assets.

00:44Trump's Greenland threats and European levies have raised U.S. policy uncertainty,

00:49risking foreign investor pullback and higher borrowing costs.

00:52For all things money, visit Benzinga.com.

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