Japan's bond market keeps breaking. 2Y and 5Y yields just hit their highest weekly close in 31 years.
BOJ's been stepping in, but yields don't care. They're only going up.
When you're sitting on 200%+ debt-to-GDP, rising rates aren't just a problem — they're a ticking bomb.
This isn't fixed. It's getting worse.
BOJ's been stepping in, but yields don't care. They're only going up.
When you're sitting on 200%+ debt-to-GDP, rising rates aren't just a problem — they're a ticking bomb.
This isn't fixed. It's getting worse.