Japan’s $7 Trillion Dollar Bond Market Sends Shockwaves Across Global Markets
Japan’s bond yield just hit all time highs, triggering sell offs in the Japanese bond market and this has also spread into the US treasury market as well. They are in a bit of a debt bubble right now as their debt to GDP ratio is 230%, one of the highest of any G7 developed nations.
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2 Comments
I have a share of the largest bank, it’s been going down about .50$ a day but I’m expecting it to turn around, today it made .33$ I think it’s the start to a steady climb. I keep seeing things bad about the financial situation but they are going to make huge profits with interest rates. They already have customers, maybe will just lose some to Ireland that’s about it, no one else has decent rates
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