Japan’s population slid for a third year with the proportion of people over the age of 65 at a global record, underscoring the challenge the world’s most- indebted economy faces in financing its aging society.
Japan’s bonds may fall, pushing 10- year yields to the highest since May, on speculation the ruling party will increase debt sales to help pay for economic-stimulus measures, according to Mizuho Securities Co.
After educating Japanese children since 1956, Kiyokawa Elementary School lies abandoned, its walls and roof crumbling because there are no longer enough pupils to fill it and the town can’t afford to demolish the building.
The Bank of Japan is considering refraining from issuing a monetary-base forecast for 2015 to avoid signaling a commitment to easing for a specific time period, according to people with knowledge of the matter.
The Bank of Japan, struggling to keep the strengthening yen from derailing efforts to repair the world’s third-largest economy, is facing a new challenge -- the shrinking yield gap between two-year sovereigns and Treasuries.
Japan plans an 18.6 trillion yen ($181 billion) package to counter the impact of a sales-tax bump in April, as Prime Minister Shinzo Abe tries to sustain a recovery in the world’s third-biggest economy.