
How Bessent, America's bond salesman, cornered Japan on big spending
Japanese leadership faces intensifying fiscal pressure as U.S. Treasury oversight challenges massive spending targets. Prime Minister Sanae Takaichi reappointed fiscal conservative Satsuki Katayama as finance minister during a cabinet reshuffle, aiming to reassure skittish markets. Budget requests for the upcoming fiscal year have ballooned to 143 trillion yen, roughly $916...








