[U.S. Treasury Secretary: Market Decline Affected by Abnormal Fluctuations in Japanese Bond Market, Unrelated to Greenland] BlockBeats News, January 21, U.S. Treasury Secretary Besent stated: 'I believe the market downturn is primarily due to a six-standard-deviation abnormal fluctuation in the Japanese bond market over the past two days, which is reflected in their 10-year government bonds. I have been in communication with the heads of Japan's economic departments and have urged them to take necessary measures to stabilize their bond market. This volatility is spreading to all global bond markets, with German bond yields rising, French bond yields rising, and U.S. bond yields also rising. I want to reiterate that this is mainly caused by issues in the Japanese bond market and has nothing to do with Greenland.'