Berkshire CEO Greg Abel says Japanese bond yields not a challenge for trading houses right now
Berkshire Hathaway's CEO Greg Abel said that rising yields in Japan isn't impacting the major trading houses in the country the holding company has stakes in. In an appearance on CNBC's " Squawk Box " on Wednesday, Abel said that while high yields are topical in Japan with the nation's 10-year bond yield hitting a 30-year high this week it's manageable, at least for major trading firms in the country. "Not a single one of the trading companies raised it as a fundamental challenge right now," he said. "They're still relatively modest when you think about it," Abel added, noting that Japan's yields, while at multi-decade highs, are still low relatively to other bond yields across the world. While Japan's multi-decade high in its 10-year bond yield is just above 3%, the U.S. 10-year Treasury Yield hit an almost three-year high on Tuesday when it crossed 4.8%. Japan bond yield in 2026 Berkshire Hathaway has a greater than 10% s...
Comments
Post a Comment