"Cheapest" US Treasuries In 3 Years Spark Japanese Bond Selling, Send 10Y JGB Yields Positive At 8-Month Highs
November 15, 2016 at 06:26 AM EST
At 225bps, the extra yield gained from buying 10Y US Treasuries over 10Y JGBs appears to have been the catalyst for tonight's sudden moves in bond markets.