Japan's Yen Meltdown & America's Bond Dump: Global Finance on Fire?
Is the Land of the Rising Sun sinking under a weakening yen? Japan's currency has plunged 6% since PM Sanae Takaichi's election, fueled by massive debt-fueled stimulus (a whopping ¥21.3 trillion package!) and whispers of intervention. Officials are sounding alarms-Finance Minister Katayama warns of FX action if volatility spikes, while BOJ eyes rate hikes to stem the bleed. But here's the twist: Japanese investors are retaliating against US tariffs by ditching over $20B in American Treasuries this year alone, ceding the top creditor spot to China. Yields are spiking, carry trades unraveling, and experts fear a "global Armageddon" if this escalates. Could this ignite a full-blown debt crisis? Dive into the chaos!
What do you think-tariff wars or policy blunders? Drop your take below!
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