🚨 BREAKING: Japan Approves Record $785B Budget 🇯🇵

Japan clears ¥122.3T budget — the largest ever.

💰 Bond issuance: ¥29.6T

📈 Debt servicing costs: +10.8%

📉 Debt reliance: 24.2% (lowest since 1998)

⚡ Interest rate assumptions: 3.0% (highest in 29 years)

Why it matters:

High debt + rising yields + massive spending = global market ripple potential

Impacts currencies, bonds, and capital flows

Signals a macro shift in liquidity and investment trends for 2026

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