TOKYO -- The Japanese government faces mounting pressure to streamline its finances following the Bank of Japan's decision to end negative rates, with interest payments on bonds seen potentially tripling over the next decade.
Economy
Japan debt servicing costs face climb as BOJ ends negative rates
Interest payments could triple in 10 years, squeezing government coffers
In addition to raising interest rates, the Bank of Japan is expected to reduce its purchases of Japanese government bonds as it ends its yield curve control policy. © Reuters
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