U.S., Japan Yields Spike on Tighter Monetary Policy Reports
This article was originally published on ETFTrends.com.
U.S. government debt yields got a boost today, piggybacking on increases in Japanese bond yields as reports surfaced last week suggesting that Japan may tighten their monetary policy. Japanese 10-year yields climbed four basis points–its highest level since February and the U.S. 10-year responded with its own 7-basis point jump to its current 2.96 percent [...]