Congress is rethinking the broad authority it gave presidents to wage a war on terrorism after the Sept. 11, 2001, terrorist attacks in light of how President Barack Obama has used the power to ...
Financial Markets
JGB yield spikes raise alarm bells
by Reiji Yoshida
Is it a sign of a full-fledged economic recovery or a looming catastrophe in the monetary making? Recent spikes in Japan’s long-term interest rate, represented by the 10-year government bond, have created a stir and roused a deep sense of alarm among investors and ...