Japan’s Katayama Calls for Market Calm After Bond-Selling Storm

Japanese Finance Minister Satsuki Katayama called on market participants to calm down after an intense day of bond selling pushed up yields on long-term government debt to the highest levels...

By Haslinda Amin, Erica Yokoyama · Bloomberg Markets

Japanese Finance Minister Satsuki Katayama called on market participants to calm down after an intense day of bond selling pushed up yields on long-term government debt to the highest levels in decades with ripples reaching other global markets.