Global marketsUpdated 5h ago

Japanese bonds fall as Treasury sell-off ripples abroad

The Treasury sell-off showed up in Japan on two separate days. Japanese government bonds fell Wednesday, tracking an overnight drop in Treasuries after hotter-than-expected US inflation fueled bets that the Federal Reserve may need to raise rates more aggressively, Bloomberg reported. On Friday, Japanese bonds slumped as Treasuries logged a second straight session of losses and traders increased those bets. The Japanese declines were another spillover from the US bond rout.

1 publisher2 reports

Coverage started November 11