Japan Just Pulled Out Its Biggest Weapon – $1.13 Trillion in US Treasuries.
Japan Just Pulled Out Its Biggest Weapon – $1.13 Trillion in US Treasuries
By [Srijana lama]
Japan just threw a live grenade into the heart of global finance. In an unusually blunt televised statement, Finance Minister Katsunobu Kato revealed what many have whispered for years but no one dared say out loud: Tokyo’s $1.13 trillion stash of US Treasury bonds is now officially “a card on the table.” Let that sink in. Why It Matters For decades, Japan held the title of America’s largest foreign cr