Ken Griffin Calls Japan Bond Selloff ‘Explicit Warning’ for US

Citadel’s Ken Griffin said heavy selling of Japanese government bonds this week should serve as an “explicit warning” to US politicians to improve the nation’s finances.

“The bond vigilantes can come out and extract their price,” Griffin told Bloomberg Television at the World Economic Forum in Davos. “What happened in Japan is a very important message to the House and to the Senate: You need to get our fiscal house in order.”

Dealers in Tokyo said Tuesday’s trading session was the most chaotic in recent memory as yields on Japan’s 30- and 40-year bonds jumped by more than 25 basis ...