First Japanese bond bubble

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• Princes of the Yen whole source · open book

  The first Japanese bond bubble began in early 1995, when benchmark bond yields stood at 4.7 percent, and lasted until September 1998, when bond yields had fallen by four hundred basis points to an extraordinary 0.7 percent.9

  chapter: 16. Reflation: Another Miracle in the Making

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• Richard Werner author of the source

Appears in 2 stories

• Princes of the Yen: Japan built, bubbled, and broken step 237
• The lost decade: credit crunch, stimulus, and broken banks step 17

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