The Home of Ultra-Low Rates Has a Warning for the World
Houses stand in Urayasu City, near Tokyo, Japan. (Photographer: Toshiyuki Aizawa/Bloomberg News)

The Home of Ultra-Low Rates Has a Warning for the World

(Bloomberg) -- As the world sinks into an era of ever-lower interest rates and a chasm of negative-yielding bonds, Japan’s experience offers investors an invaluable precedent.
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