Japan Says It Has No Plans to Use Treasuries as Tariff Negotiating Chip

The ruling party's policy chief, Takeo Kawamura, said on Sunday that "as allies, we will not take action that would cause market disruptions on U.S. government bonds intentionally."

Last week, a selloff in U.S. Treasuries sent long-term yields surging by the most since the outbreak of the pandemic in 2020, exacerbating losses in the safe-haven asset class. Some investors speculated that global reserve managers, including those from China, may be reassessing their Treasury holdings given the impact of President Donald Trump's trade policies.

Original article: https://www.toutiao.com/article/1829330820077577/

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