AdvertisementBusinessMarketsJapan Opinion Why fears of a Japanese implosion have the world on edge Stephen Bartholomeusz Senior business columnist August 10, 2026 — 9:59amAugust 10, 2026 — 9:59am Save You have reached your maximum number of saved items. Japanese Prime Minister Sanae Takaichi and US President Donald Trump in the White House in March. Two-year Japanese government bonds yield 1.6 per cent, 10-year bonds 2.79 per cent and 30-year bonds 3.91 per cent. Their US counterparts yield 4.2 per cent, 4.65 per cent and 5.2 per cent, respectively. The US intervention in the Japanese yen signals the mutual vulnerabilities in both countries.