Index/Topics/U.S. Treasury Market Stability 2026

U.S. Treasury Market Stability 2026

The stability of the U.S. Treasury market and its influence by foreign holders like Japan and the eurozone, including the impact of yield differentials, hedging costs, and central-bank policy interactions.

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Jan 29, 2026
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Does the Japan bond crash impact Trump real estate bond in New York?

The short answer is: — a sharp government bond (JGB) sell-off can push global yields higher and that, in turn, raises funding costs and discount rates that influence real‑estate financing, including b...

Jan 26, 2026
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What would be the economic and market consequences of a coordinated sell‑off of U.S. Treasuries by the EU or major European sovereigns?

A coordinated sell‑off of Treasuries by the or major European sovereigns would spike yields and market volatility in the short term but is unlikely to achieve a clean political objective because priva...

Feb 6, 2026

How much of the federal debt is held by foreign investors and how would reduced foreign demand affect refinancing costs?

now hold roughly $8.5–$9.1 trillion of marketable securities, equivalent to about 29–32% of debt held by the public, a share materially lower than the near‑50% levels of the early 2010s . If foreign d...

Jan 27, 2026

How would de-dollarization specifically affect U.S. treasury yields and inflation dynamics?

—meaning a sustained shift by foreign central banks and investors away from dollar assets—would raise term premia on Treasuries, amplify and, through a weaker dollar and higher imported prices, exert ...

Jan 15, 2026

How do other large holders (Japan, eurozone) influence the stability of U.S. debt markets?

Foreign holders like Japan and the eurozone stabilize or destabilize U.S. Treasury markets through three concrete channels—portfolio flows, cross-border yield arbitrage (including hedging costs), and ...