Increasing Bond Yields Risk Debt Spiral in U.S., Japan, BIS Says

Increasing Bond Yields Risk Debt Spiral in U.S., Japan, BIS Says - Bloomberg:
"Japan’s public debt would swell to 600 percent of gross domestic product by 2050 on a 2 percentage-point increase in funding costs, should its age-related government spending continue unchecked, the Basel-based BIS said in its 83rd annual report.
In the U.S., the debt-to-GDP ratio would almost double to 200 percent under the same circumstances, it said."