Bank of Japan loosens grip on long-term yields

The Bank of Japan on Friday loosened control of its yield curve control, which will allow long-term yields to jump above its 0.5% limit as the institution takes a step away from its low-interest rate rules. ( read original story ...)

What Happened to Japan?

Adjusted for demography, Japan has achieved significant growth: It has seen a 45 percent rise in real income per relevant capita. The United States has done even better, but this hardly fits the ... ( read original story ...)