A key figure of the Liberal Democratic Party of Japan has stated that Japan has no intention to sell US Treasuries to retaliate against tariffs.

BlockBeats News, April 13, Chief Policy Officer of Japan's ruling coalition Katsunobu Kato stated today that Japan does not intend to use its holdings of U.S. Treasury bonds as a negotiating tool against U.S. tariffs in the negotiation scheduled for April 17 by the governments of Japan and the United States. Katsunobu Kato said: "As allies, we will not take intentional action against U.S. Treasury bonds, causing market turmoil is definitely not a good idea."

Last week's pullback in U.S. bonds sent long-term bond yields soaring to their highest level since the 2020 pandemic, with U.S. bonds, which should have been a safe haven in times of financial turmoil, instead suffering losses. Some investors speculate that, considering the impact of Trump's trade policy, global reserve management institutions may be reassessing their positions in U.S. bonds. (FX678)