Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...

The United States is Japan’s only treaty ally and Japanese officials are worried ... boosting stagnant salaries, reducing the ...

Japan’s public debt is more than double its annual economic output, by far the heaviest burden in the industrialized world. The government has been helped by near-zero bond yields, but bond ...

The government expects its annual debt-servicing costs to rise to almost ... By subscribing, you can help us get the story right.

Japanese Prime Minister Shigeru Ishiba, struggling to stabilize his minority government, says he will seek to maintain ...

This marks a 25% increase from projected costs in the coming fiscal year. Servicing Japan’s oversized debt is already expected to chew up close to a quarter of the annual budget for the year ...