The global bond market could be about to lose its ‘quiet stabilizer’ — and U.S. Treasurys are at the top of the exposure list
- Posted on February 20, 2026
- By CNBC
- 4 Views
The global bond market could be about to lose its ‘quiet stabilizer’ — and U.S. Treasurys are at the top of the exposure list

Japan's changing role in the bond market could be about to shake up borrowing costs in the U.S. and beyond.