Bond Rout Pushes Japan Yields to Key Threshold as Oil Nears $88
Rising Fed rate-hike bets and a fresh leg up in crude are colliding with a deepening global bond selloff, leaving European equities largely flat.
Japan's government bond yields broke through a closely watched level as WTI crude tested $88 resistance and silver sat locked in a $67-$68.50 range, a combination traders say is driving cross-asset volatility rather than a one-directional move.