Japanese bond auctions may challenge Scott Bessent's yield stabilization efforts

US Treasury intervention gives Japanese bonds temporary relief as 3% yield looms

Japanese government bond yields received temporary relief after U.S. Treasury intervention, but analysts warn the 10-year JGB yield could surpass 3%. Persistent inflation, a weak…

Wall Street is bemused by Bessent's bond plan and an unwinding punt on the Japanese yen—he's hinting he knows something the markets don't |…