China’s Treasury warning jolts the dollar as Takaichi win sends yen swinging, Nikkei to a record
Treasuries lost ground and the dollar weakened Monday, after sources said Chinese regulators had cautioned banks on the dangers tied to large holdings of U.S. government bonds. The U.S. 10-year yield ticked up three basis points to 4.23%. In Japan, stocks and bond yields climbed as Prime Minister Sanae Takaichi secured an election victory.
