Despite the possible cuts to longer-term bonds, the overall amount of debt Japan plans to issue this fiscal year will stay the same—172.3 trillion yen, or $1.21 trillion, until March 2026.

TOKYO (Reuters) - Japan's government will finalise this year's long-term fiscal and economic roadmap as early as June 21, three government and ruling party sources told Reuters on Monday.

But Japan can no longer rely on the BOJ to keep borrowing costs low as it ditched its yield cap in March, laid out a plan to taper bond purchases and signaled its resolve to keep hiking short-term ...

Japanese long-term bond yields at the 30- and 40-year marks have already jumped nearly one full percentage point over the past year. If things keep trending like this, that jump will look small in ...

From the U.S. to Japan, long-term borrowing costs for the world’s biggest economies are surging as investors question the ability of governments to cover massive budget deficits. Thirty-year ...

The cracks became visible in early August. Japan’s debt spiral deepens in 2025 As of early 2025, the nation’s debt-to-GDP ratio stands at about 263%, one of the highest among developed economies.

The bond market is beginning to doubt the underlying political capacity to manage debt, and finding it wanting.

There is little prospect that Japan can grow its way out of its public debt problem. Its aging population and a shrinking labor force likely limits its long run growth prospects to at most 1 percent.