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![robin_j_brooks Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::888118103095115780.png) Robin Brooks [@robin_j_brooks](/creator/twitter/robin_j_brooks) on x 344.2K followers
Created: 2025-07-14 12:48:21 UTC

The yield on Japanese 30-year gov't bonds is back to the highs it reached in May. Japan was always held up by the #MMT crowd as an example for how debt doesn't matter because governments can always cap yields. That view needs to be retired along with #MMT. Fiscal space is finite.

![](https://pbs.twimg.com/media/Gv0azlhXYAAYo5l.jpg)

XXXXXX engagements

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**Related Topics**
[debt](/topic/debt)
[japan](/topic/japan)

[Post Link](https://x.com/robin_j_brooks/status/1944740752816271524)