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Does a Bond Crisis Start Here?

The Wall Street Journal

|

November 25, 2025

While you were watching tech stocks gyrate last week, a potential bond crisis was brewing abroad.

The new prime minister of this island nation, a former imperial power, has big plans to boost growth through the budget. But she needs to be careful-she's sitting on a pile of financial dynamite. Government debt is alarmingly high and has pushed t

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