Japan's 10-year yield just surged to its highest level in almost a decade.
Developed economies are currently facing a chronic debt crisis, with deeply entrenched inflationary pressures propelled by escalating deglobalization, reckless fiscal spending, worsening inequality, and… pic.twitter.com/Vr1lxbjdyf
— Otavio (Tavi) Costa (@TaviCosta) September 11, 2023