‘Honebuto shock’: new term coined as Japan fiscal policy is probed

Japanese government long-term bonds briefly climbed to 2.81% on Thursday, July 3 – their highest level in thirty years – prompting one analyst to refer to it as the “honebuto shock,” a reaction to the prospect of larger deficits stemming from the Takaichi government’s pending Basic Policy on Economic and Fiscal Management and Reform (the honebuto) and the Bank of Japan’s sluggish [...] The post ‘Honebuto shock’: new term coined as Japan fiscal policy is probed appeared first on Asia Times .
2026-07-03 20:01:34