A Japanese debt crisis is closer than you think

TOKYO — As Kazuo Ueda mulls whether to hike interest rates this week, a powerful constituency is staring back at the Bank of Japan governor: the “bond vigilantes.” Very few think Ueda’s BOJ will hike rates on Friday, despite Japanese policymakers going out of their way to claim the rate “normalization” process remains on track.
The post A Japanese debt crisis is closer than you think appeared first on Asia Times.Asia TimesRead More