Japan’s 30-Year Bond Yield Just Hit 3.32%: The Global Time Bomb Nobody’s Talking About
Japan just set a record. The 30-year bond yield jumped to 3.32%. That is not a number. That is 235% of GDP hanging over the country like a guillotine. Interest on the 30-year portion alone could now be roughly 7.8 trillion USD equivalent annually. The yen is below ¥150, a drop of 11% in weeks. …