Part 2/9:
The bond yields on 30-year Japanese and US government bonds are approaching each other rapidly. Many analysts believe that when these yields cross, it could trigger a global debt bubble burst. Japan’s yields have been rising sharply, indicating a seismic change within its economy, which is already burdened with a staggering $10 trillion debt—a figure twice its annual GDP. When Japanese yields increased, it signaled that investors perceive higher risk, potentially undermining confidence in the yen and Japanese bonds.