If Japan Sneezes, Does the U.S. Get Sick?
Mike Dickson, Ph.D.
January 28, 2026
Rising bond yields in Japan may boost costs for U.S. consumers and borrowers Yields on
Topics
Rising bond yields in Japan may boost costs for U.S. consumers and borrowers Yields on
What Happened Last Week Yields Plunged: A weak jobs report helped push the 30-year yield
What Happened Last Week Sell America: U.S. long-term Treasuries, equities, and the dollar all declined
Lowest spreads in nearly three years Want more evidence that the U.S. economy is in
Don’t read too much into harbingers of stock market doom and gloom Sometimes, it pays—literally—to
What happened last week Price action: The S&P 500 rose higher and through key technical
Categories
Topics
Rising bond yields in Japan may boost costs for U.S. consumers and borrowers Yields on Japanese government bonds have surged to their highest levels in
What Happened Last Week Yields Plunged: A weak jobs report helped push the 30-year yield to its biggest weekly fall since April. Tech Stocks Rose:
What Happened Last Week Sell America: U.S. long-term Treasuries, equities, and the dollar all declined as investors sought shelter in defensive assets and international stocks.
Lowest spreads in nearly three years Want more evidence that the U.S. economy is in good shape? Just take a look at the junk bond
Don’t read too much into harbingers of stock market doom and gloom Sometimes, it pays—literally—to look beyond what’s “obvious” to everyone else. Case in point:
What happened last week Price action: The S&P 500 rose higher and through key technical levels, recovering the majority of April’s losses. Interest Rates: Ahead