
SINGAPORE, Jan 19 (Reuters) - German and French debt futures rose in thin Asia trade on Monday, after U.S. President Donald Trump threatened ratcheting tariffs on European allies resisting his ambition to buy Greenland.
Bund futures FGBLc1 rose as far as 44 ticks to touch a seven-week high. French OAT futures FOATc1 rose 17 ticks.
Volumes were very low.
Cash U.S. Treasuries were closed on Monday for a U.S. holiday, though 10-year Treasury futures TNc1 dipped slightly.
Trump said additional 10% tariffs would take effect on February 1 on goods from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and Britain, rising to 25% on June 1 unless some sort of Greenland deal is struck.