🚨 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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