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World News@lemmy.mlEnglish · 3 months 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.

☆ Yσɠƚԋσʂ ☆@lemmy.ml to

World News@lemmy.mlEnglish · 3 months 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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3 months ago
Japan should just try communism. I hear it works great and then you can cozy up with your neighbors of Russia and China.

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