Japan’s 10-year government bond yield touched the highest level since 2008, increasing the risk that turmoil in the debt market will translate into higher borrowing costs for businesses and consumers.

Japanese stocks have been stuck trading below their peak for more than a year, hit by the trade war, then by political instability and increasingly by fiscal concerns. The Nikkei 225 index is down 3.87% on year, and off by more than 6% from its record of 42,426.77 reached on July 11, 2024.

The Japan Self-Defense Force has missed its recruitment goal for the last several years and is struggling to meet those goals amid rising tensions in the region.

A new survey shows that people in Japan are gearing up for big spending this summer, with the average amount set aside for the holidays reaching a record. But there's also a growing gap between those splashing out and those cutting back.

Energy megaprojects frequently suffer from massive cost overruns and delays, with less than 3% completed on time and on budget.

The average summer vacation budget in Japan this year rose 26.4% from the year before to a record ¥104,901, according to an annual Meiji Yasuda Life Insurance Co. survey. The average grew for the fourth straight year, with 18.5% of respondents increasing spending, up from 16.0% in the previous survey.

Japan’s long-term government debt yield touched the highest level since 2008, as a raft of election tax-cut pledges puts investors on edge and risks higher costs all around in the country.Most Read from BloombergWhy Did Cars Get So Hard to See Out Of?