More: Japan
America Now Pays 5% to Borrow: Where Japanese, Norwegian and Gulf Money Is Going Instead
TODAY'S NUMBERS
5.17% (US 10-year yield, highest since 2007) · 54.3% (indirect bid at Wednesday's five-year auction; average 65.2%) · $1.10trn (Japan's Treasury holdings, down...
Why a Rate Hike Can Still Weaken a Currency
Japan did what economic intuition says should strengthen a currency. On September 18, the Bank of Japan (BOJ) raised its policy rate by 25...
Lessons from German-Dutch Military Integration for Japan and South Korea
The NATO Response Force (NRF) and EU Battlegroups have demonstrated that placing multinational forces on standby does not automatically make them immediately operational. German-Dutch...
Can Japan Sustain Its Biggest Military Buildup Since WWII?
For much of the postwar era, Japan treated military restraint as part of its national identity. Its Self Defense Forces were capable, the alliance...
How Does the World War Two Legacy Shape Russia, China, Taiwan and Japan Tensions?
World War Two continues to shape relations between Russia, China, Taiwan and Japan, with competing interpretations of the conflict increasingly intersecting with present day...
Japan’s Two-Track China Strategy Is a Model for US Allies
Japan's simultaneous pursuit of hard Taiwan deterrence and quiet parliamentary diplomacy with Beijing is not policy confusion — it is a deliberate, low-cost dual-track...
Why Korea’s “Nuclear Missile Drill” Isn’t Aimed at North Korea
Freedom Edge 26's nuclear-capable bomber component, paired with unusually explicit official language about North Korea's “nuclear and missile threats,” is not deterrence signaling aimed...
Raymond Aron’s Warning for Northeast Asia: Close the Window of Opportunity
Raymond Aron died in 1983, long before China emerged as the US’ principal strategic competitor, North Korea acquired nuclear weapons that could threaten the...
Why Are Global Bond Markets Selling Off?
Government bond markets across major economies are facing a broad selloff as investors worry about persistent inflation, higher interest rates and growing government debt....
Russia Warns Japan Over US Typhon Missile Drills
Russia has condemned upcoming military exercises involving Japan, the United States and Australia, warning that the deployment of US Typhon missile systems on Japanese...