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Japan clarifies its stance on US Treasuries amid trade talks, emphasizing no plans to use its holdings as a leverage tool.
Japan's $1 trillion US Treasury holdings could serve as leverage in trade negotiations with the US, according to Finance Minister Katsunobu Kato.
The US December payrolls report is expected to influence bond markets and potential Federal Reserve rate cuts, as labor market dynamics unfold.
Citi Wealth recommends Treasuries as yields near 5%, viewing it as a significant buying opportunity amid a strong economy.
The 30-year US bond yield has surged to its highest level since late 2023, causing market concern ahead of new debt auctions.
Treasuries are set to provide minimal returns in 2024, disappointing expectations from bond traders seeking a stronger recovery.
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