Japan’s 40-year bond yield just hit its highest level in over 20 years. Japan’s Prime Minister Ishiba has called the situation “worse than Greece.” All as Japan’s GDP is contracting again. Japan is the largest buyer of U.S. debt with over $1 trillion.

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What happens when Japan can’t or won’t enable our massive deficits by buying U.S. Treasuries?

submitted by /u/Boo_Randy_II
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