Treasuries Slide as Japan Rout, Greenland Tiff Sours Mood

Treasuries fell, pushing long-term yields to the highest in four months, as a rout in Japanese bonds and fallout from US President Donald Trump’s tussle with European allies over control of Greenland weighed on global markets. US bonds started the day in sharp decline amid a fierce selloff in Japanese government debt, which triggered turbulence worldwide. Treasuries then dipped even lower after a Danish pension fund said it will sell its holdings of US government debt, before partially rebounding. Most ...