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Inflation: Japan in der Schuldenfalle
Kein Industriestaat ist annähernd so verschuldet wie Japan. Was bisher aber kaum zu Liquiditätsengpässen geführt hat, könnte allmählich brenzlig werden. Zinsen auf Staatsanleihen steigen historisch. Mehrere Ökonominnen fürchten eine Krise.

Japan, Tokio: Auf einem Monitor ist am 17. August 2026 zu sehen, dass die Rendite der neu emittierten japanischen zehnjährigen Staatsanleihe am Morgen 2,930 Prozent erreicht – den bis dato höchsten Stand seit Oktober 1996 –, während die Spekulationen über eine vorzeitige Straffung der Geldpolitik durch die Bank of Japan zunehmen. Anfang September wurde kurzfristig sogar die Drei-Prozent-Marke geknackt.
kyodo/dpa