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Treasury yields rise as Japan unexpectedly loosens its bond yield cap

Por: CNBC Business December 20, 2022

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U.S. Treasury yields rose on Tuesday after Japan unexpectedly raised its cap on 10-year Japanese government bond yields, sparking a sell-off in global long-duration bond markets.Treasurys The yield on the benchmark was up by 7 basis points at 3.7528%, while the yield on the rose by more than 9 basis points to 3.7145%. Yields move inversely to prices.The caught markets off guard by tweaking its yield controls to allow the yield on its to move... + full article



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