US 30-year Treasury yield is flirting with the 5.0% handle once again...
The last time it was trading at this level, the US administration panicked. The entire world is now watching the world's largest bond market. Source: Global Markets Investor
US 30-Year Treasury Yield jumps to 4.89%, sitting near the highest levels of the last 18 years
Will the rise of bond yield start to hurt the equity market's recovery? What is the pain threshold? Source: Barchart
Warren Buffett now owns an astonishing 5.1% of the entire U.S. Treasury Bill Market 🚨🚨🚨
@barchart
Did Japan's finance minister threaten liquidation of US Treasuries?
Addressing a question on a Tokyo TV program on Friday, Japan Financial Minister Kato said the country's $1.1 trillion in Treasury holdings - the highest of any foreign creditor - could be a "negotiation card" in its trade talks with Washington but "whether or not we use that card is a different decision." In other words, Japan is threatening to sell some/all of its $1.1 trillion in bonds if tariffs are imposed. NLI Research Institute said just minutes after the TV remarks, "Katsunobu Kato’s comments on US Treasuries could be interpreted as dangerously provoking the US government." He added that for the US, unstable long-term rates are a concern, and having Japan continue to hold US Treasuries is beneficial, while maintaining fiscal soundness and the dollar’s status as the reserve currency are important issues that would have positive effects in the medium to long term. Translation: chaos in the US would be painful, but it would be catastrophic for Japan. Source: www.zerohedge.com
Correlations among US stocks, bonds, dollar are at the highest level since at least 2019 - Piper Sandler
Source: Gunjan Banerji @GunjanJS
In case you missed it:
30 year Japanese government bond yields have climbed even more sharply than their US counterparts. Since April 2, Japan’s 30y yield has risen 33bps, while the US 30y yield is up 29bps over the same period. Source: (HT @bilalhafeez123), HolgerZ, Bloomberg
The US bond market just delivered a vote of no confidence in Trump.
The yield curve is steepening sharply, w/2s/10s yield spread rising to 109bps — the widest gap since 2020. Source: Bloomberg, HolgerZ
BREAKING: US 10Y Treasury yield rises to 4.48%, the largest single weekly increase since 2001.
U.S. 30-year treasury yields rise to 4.95%, weekly increase is biggest since 1982. Source: unusual_whales
