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9.1
Fed and BOJ under pressure to signal rate path; BOJ hike odds at 98%
Valor Econômico·US · JP·about 10 hours ago
FD columnist Brenda Kramer argues that governments face a critical juncture as their largest buyer of debt—central banks—withdraws from the market while issuance needs surge. The piece highlights the tension between fiscal demands and monetary tightening, signaling potential market stress. Uncertainty remains over how governments will absorb the supply shock and at what cost.