Total 2 articles
Japan's government is finalizing a record $785 billion budget for fiscal 2026, assuming a 3% interest rate for debt servicing. The move signals a major shift away from the era of ultra-low rates.
As Japan's 10-year government bond yield hits a 26-year high of 2.1%, Prime Minister Sanae Takaichi vows to maintain fiscal discipline, rejecting 'irresponsible' tax cuts or bond issuance.
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