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Nikkei Asia comments: As Japanese bonds sell off and long-term yields climb above 3% for the first time in 30 years, Japan needs the discipline of high interest rates.
Nikkei Asia comments that with Japan's long-term bond yields climbing above 3% for the first time in 30 years, interest rates may better fulfill one of their most basic functions: screening projects and investments for profitability.
Source：Nikkei Asia · Source Link
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