Core Viewpoint - The recent sell-off of Japanese government bonds has impacted the U.S. Treasury market, prompting discussions between U.S. Treasury Secretary Mnuchin and Japanese officials to stabilize market sentiments [1][3]. Group 1: Market Reactions - Japanese 30-year and 40-year government bond yields surged over 25 basis points, marking the largest volatility since the market turmoil caused by Trump's tariffs last year [1][3]. - As of the report, the U.S. 10-year Treasury yield rose approximately 6 basis points to 4.29%, reaching its highest level since August earlier in the day [1][3]. Group 2: Government Statements - Mnuchin attributed part of the decline in U.S. Treasury prices to the "spillover effect" from the Japanese bond market [1][3]. - Concerns regarding potential European sell-offs of U.S. Treasuries in response to Trump's Greenland plans were dismissed by Mnuchin as a "false narrative" [1][3][4]. Group 3: Institutional Actions - Danish pension fund AkademikerPension announced plans to sell U.S. Treasuries by the end of the month [2][5].
贝森特称日本国债抛售潮外溢至美债市场 已与日方对口官员沟通
Xin Lang Cai Jing·2026-01-20 15:23