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Japan Considers Tapping $1.13 Trillion in U.S. Bonds

5/10/2025

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Summary

Story summary

Japan's Finance Minister Katsunobu Kato issued a stark warning, suggesting the nation might tap into its $1.13 trillion in U.S. Treasury bonds as trade tensions with the Trump administration escalate. Amidst this backdrop, Japan's 10-year bond yield climbed above 1.36%, highlighting the strain of global market fluctuations and domestic economic hurdles. Ongoing trade talks with China and others add to the uncertainty.

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Story summary

Japan's Finance Minister Katsunobu Kato issued a stark warning, suggesting the nation might tap into its $1.13 trillion in U.S. Treasury bonds as trade tensions with the Trump administration escalate. Amidst this backdrop, Japan's 10-year bond yield climbed above 1.36%, highlighting the strain of global market fluctuations and domestic economic hurdles. Ongoing trade talks with China and others add to the uncertainty.