Will Japan's weak yen trigger a global debt crisis?

Global Roaming with Geraldine Doogue and Hamish Macdonald · Sep 15, 2026 · 28m

Global debt has passed 300 per cent of world GDP, bond yields are climbing across the world, and the U.S. war with Iran is putting pressure on households.

Could we be facing the beginning of another global financial crisis?

Geraldine Doogue and Latika Bourke sit down with the Financial Times Asia and Australia editor Robin Harding to explain how the bond market works, why it has such an impact on the economy, and why U.S. interventions have been lambasted by high-profile economists.

Plus - how Australia passing one trillion dollars in debt might actually put us in a pretty safe spot, and how…