Japan has no plans to sell U.S. debt to counter tariffs: LDP official

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MarsBit
04-13
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Mars Finance News, on April 13, Itsunori Onodera, the policy chief of Japan's ruling Liberal Democratic Party, stated today that during the Japan-US government talks scheduled for April 17, Japan does not intend to use its US Treasury holdings as a negotiation tool against US tariffs. Onodera said: "As allies, we will not deliberately take action against US Treasury bonds, and causing market chaos is certainly not a good idea." Last week, the US bond pullback caused long-term government bond yields to surge to their highest level since the 2020 pandemic, and US bonds, which should have been a financial storm shelter, instead suffered losses. Some investors speculate that, considering the impact of Trump's trade policies, global reserve management agencies may be reassessing their positions in US bonds. (Jinshi)

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