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World News@lemmy.mlEnglish · 5 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.

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World News@lemmy.mlEnglish · 5 months ago

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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5 months ago
Oh and the implication is that that could further devalue US bonds. Got ya, thanks.

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