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World News@lemmygrad.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.

cross-posted to:
worldnews@lemmy.ml

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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 ☆@lemmygrad.ml to

World News@lemmygrad.mlEnglish · 3 months ago

cross-posted to:
worldnews@lemmy.ml

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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