this post was submitted on 31 Jul 2024

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Japan is on the verge of a $400 billion fire sale of U.S. debt. This could break the back of the Treasury market and devastate Americans’ finances. (www.cnbc.com)

submitted 2 months ago* (last edited 2 months ago) by yogthos@lemmy.ml to c/worldnews@lemmy.ml

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[–] yogthos@lemmy.ml 10 points 2 months ago

https://www.cnbc.com/2024/07/31/boj-raises-benchmark-interest-rate-outlines-roadmap-for-trimming-bond-buying-program.html