CoinWorld News, January 21 — U.S. Treasury Secretary Yellen stated: "I believe the market downturn is mainly due to abnormal fluctuations of six standard deviations in the Japanese bond market over the past two days, which is reflected in their 10-year government bonds. I have been in contact with Japan's economic officials and urged them to take necessary measures to stabilize their bond market. This volatility is spreading to all global bond markets, with German bund yields rising, French bond yields rising, and U.S. Treasury yields also increasing. I want to emphasize again that this is primarily due to issues in the Japanese bond market and has nothing to do with Greenland."

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