William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
Opinion
Japan's next leader inherits a bond market time bomb
Demographics and debt collide just as yields hit quarter-century highs
A monitor in Tokyo displays the yield on the benchmark 10-year Japanese government bond at 1.625% on Aug. 27. © Kyodo
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