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A soaring 30-year Treasury yield is grabbing the lion’s share of attention right now when it comes to signaling how the U.S. fiscal outlook is rattling investors. Yet there’s another less-talked-about factor weighing on sentiment that is coming from overseas: the tumultuous rise in the bond yields of Japan.
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Investors are rattled by rising U.S. bond yield. They should be more worried about Japan.
By Daniel snow
