The interest rate flew up today. They will have to buy it back down. How long can they keep this up?
By the end of the year, maybe we'll see either a sovereign default or higher inflation in Japan.
Japan is the largest foreign holder of US debt. This likely will raise US rates.
By the end of the year, maybe we'll see either a sovereign default or higher inflation in Japan.
Japan is the largest foreign holder of US debt. This likely will raise US rates.
