On a rough estimate, the difference between the two lines is just over $100 billion – lost and never coming back. And although the two lines look as though they will eventually converge, my understanding of the Treasury projections beyond the official forecast period is that they don’t. No...
while stressing that no definite decisions on funding matters surrounding increased defence spending had been made in lieu of reports re: the potential deployment of construction bonds to fund some of the spending. Suzuki also noted that an extension of the redemption period for JGBs would alter...