Japan is trying to escape the debt trap

Over the past six months, the yield on Japan’s 10-year bonds has risen from 1.26 per cent to 1.8 per cent. The yield on 30-year bonds has climbed from 2.26 per cent to 3.32 per cent. These are levels not seen in more than a quarter of a century.LoadingWith more debt coming, but the BoJ and…


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