Taro Aso

 
Finance Minister Taro Aso (right) and Prime Minister Shinzo Abe have been warned not to assume to assume that domestic investors will keep financing Japan’s ballooning debt. Photo: AFP

Japan panel warns of dangers of debt mountain

A Japanese government panel warns there is “absolutely no guarantee” that domestic investors will keep financing the country’s massive public debt, citing the risk of a spike in bond yields that could crimp long-term growth prospects, draft report seen by Reuters shows.