Smaller lenders are saddled with low-return bonds they cannot sell
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In a time of higher inflation, a falling yen and rising bond yields make a noxious blend
Getting buy-in from older people is the big challenge, writes Shirakawa Masaaki, a former head of Japan’s central bank
As investors worry about budgetary laxity, the central bank prepares for more rate hikes
They will need bold thinking to survive
Newly alluring yields on Japanese bonds have not propped up the currency
It isn’t just Japan: other currencies also look cheap
