Japanese government long-term bonds briefly climbed to 2.81% on Thursday, July 3 – their highest level in thirty years – prompting one analyst to refer to it as the “honebuto shock,” a reaction to the prospect of larger deficits stemming from the Takaichi government’s pending Basic Policy on Economic and Fiscal Management and Reform (the honebuto) and the Bank of Japan’s sluggish […]
Category: Northeast Asia
Northeast Asia is where geopolitical tensions, geo-economic competition and technological innovation intersect and clash. Asia Times delivers deep-dive coverage of Japan, South Korea, North Korea and Taiwan’s politics, economics and security. From Korean Peninsula tremors to Japan’s remilitarization to Taiwan’s security, Asia Times’ Northeast Asia coverage brings incisive insight to the region’s complex picture.
