CoinWorld reports that U.S. Treasury Secretary Bessent expressed dissatisfaction with Japan over the severe sell-off in Japan’s government bond market. During the Davos Forum, Bessent met with Japan’s finance minister, Koyuki Katayama, and held a discussion that Japanese officials regarded as a “lecture.” Bessent quickly laid out his views during the meeting, making it difficult for the note-taker beside Katayama to keep up. Bessent later said in an interview with Fox Business that he had communicated with Japanese officials and was “confident” they would take measures to calm market volatility. Katayama then urged the market to stay calm, emphasizing that Japan is pursuing a “responsible and sustainable” fiscal policy—an announcement that appeared to ease some investors’ concerns about Japan’s fiscal spending plans.