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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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The_Jewish_Cuban [he/him]@hexbear.net
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2 years ago
Japan should just try communism. I hear it works great and then you can cozy up with your neighbors of Russia and China.
- velox_vulnus@lemmy.ml
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  - pinguinu [any]@lemmygrad.ml
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    2 years ago
    They’re anti-China. Sucks to be them smh
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