Japan will not leverage its holdings in US Treasury securities during upcoming trade negotiations with the United States, according to statements by Japan’s Liberal Democratic Party policy chief, Itsunori Onodera. The talks are scheduled for April 17th between the two governments. Onodera clarified that as allies, Japan intends to avoid actions that could disrupt global markets and cause financial instability. Last week saw a correction in US Treasury yields, leading long-term bond yields to reach levels not seen since the 2020 pandemic. Despite being considered a safe haven during economic crises, US Treasury holdings have faced losses. Speculation suggests investors may be reassessing their positions on US Treasuries due to the impact of former President Donald Trump’s trade policies on global markets.