U.K.-to-Japan bond yields jump as U.S. Treasuries tumble
Bond yields are rising across the U.K. and Japan as the U.S. leads the move, with the 30-year Japanese bond yield reaching the highest level in history.
By Steve GoldsteinThe sell-off in bond yields is being led by the U.S. but not restricted to it.The old adage that the rest of the world sneezes when the U.S. catches a cold very much applies to bonds as well.The 30-year Japanese bond yield BX:TMBMKJP-30Y just rose to the highest in history as the…