Carlyle Group: Rising Yields and Weak Yen Positive for Japan's Economy

The Carlyle Group believes Japan's rising bond yields and weaker yen are positive signs of the economy's departure from deflation. The firm argues that a more competitive currency boosts domestic businesses and that interest rate normalization is a natural part of an economy exiting a deflationary slump. Despite concerns over public spending and debt, Carlyle sees Japan's public balance sheet as relatively healthy compared to other major economies.