A Japanese debt crisis is closer than you think

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TOKYO — As Kazuo Ueda mulls whether to hike interest rates this week, a powerful constituency is staring back at the Bank of Japan governor: the “bond vigilantes.” Very few think Ueda’s BOJ will hike rates on Friday, despite Japanese policymakers going out of their way to claim the rate “normalization” process remains on track. […]The post A Japanese debt crisis is closer than you think appeared first on Asia Times.