[U.S. Treasury Sell-Off Panic Continues to Spread: Korean Stocks Trigger Circuit Breaker, Gold Falls Below $4,500] Odaily Planet Daily News – After the 30-year U.S. Treasury yield surged past the 5% mark, reaching a 20-year high, the sell-off panic continued to spread on Monday. The 10-year Japanese government bond yield soared to 2.8%, hitting a 30-year high; Korean stocks plunged during trading, triggering a circuit breaker; gold fell below $4,500. Investors noted that the key issue lies in the fact that as long as the Middle East standoff continues to block the critical Strait of Hormuz for oil flow, the pressure on bonds will persist. Priya Misra, portfolio manager at J.P. Morgan Asset Management, stated: 'This price movement is concerning for two reasons: long-term rates are rising globally, and they tend to influence each other, while the prospect of Federal Reserve rate hikes is entering the market narrative.' (Jin10)