Bank of Japan "hawkish" stance affecting global bond market, US bond yields rise.

According to the Wisdom Financial APP, in the first trading week after Thanksgiving, the US Treasury market had a difficult start as the decline in Japanese government bond prices affected global bond markets. The yield on the 10-year US Treasury rose by 3 basis points to 4.04%. Earlier, yields on similar bonds in Japan had risen significantly, reaching their highest level since 2008, as the market anticipated that the Bank of Japan would raise interest rates later this month. This increase also pushed up yields on government bonds from Europe to New Zealand.