What does Japan’s bond yield surge mean for its economy?

Japan’s surge in long-term bond yields is raising the cost of money across the economy. Higher rates are forcing households, companies and the government to adjust, while banks face both opportunities and risks. Subscribe to our channel here: https://cna.asia/youtubesub Visit our website: https://cna.asia Download our app: https://cna.asia/app Get our editors' picks of stories via chat apps: Telegram: https://cna.asia/telegram WhatsApp: https://cna.asia/whatsapp Follow us on these platforms: https://www.facebook.com/channelnewsasia https://www.instagram.com/channelnewsasia https://www.tiktok.com/@channelnewsasia