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World News@lemmy.mlEnglish · 2 years ago

Japan is on the verge of a $400 billion fire sale of U.S. debt. This could break the back of the Treasury market and devastate Americans’ finances.

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Japan is on the verge of a $400 billion fire sale of U.S. debt. This could break the back of the Treasury market and devastate Americans’ finances.

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World News@lemmy.mlEnglish · 2 years ago

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Bank of Japan raises benchmark interest rate, outlines roadmap for trimming bond buying program

The central bank said that it will reduce the monthly outright purchases of JGBs to about 3 trillion yen per month in the January to March 2026 quarter.

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  They’re anti-China. Sucks to be them smh
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