Greenland Tariff Threats Spark Global Market Sell-Off: Treasuries, Asia Stocks Fall

• US Treasuries fell across the curve, with 10-year bond yields gaining three basis points to 4.26% and 30-year yields up almost four basis points.
• Asian equities dropped 0.5%, S&P 500 contracts fell 1.1%, and European shares saw their biggest decline since November.
• The dollar strengthened against most major currencies, while gold, silver, and cryptocurrencies (including Bitcoin near $92,500) declined.
• Japanese bond yields rose, with the 40-year yield hitting 4%, after PM Sanae Takaichi called an early election and concerns about fiscal policy.
• Trump's tariff threats over Greenland and potential EU countermeasures (up to €93 billion on US goods) are fueling market volatility.

Why It Matters: Trump's Greenland tariff threats have reignited trade tensions, causing a global market sell-off and increased volatility.