This article discusses Japan's low interest rate policy and its effects on the Japanese economy and global markets. It explains how the Bank of Japan has kept interest rates at very low levels since 1999 in order to stimulate economic activity, as well as other policies such as quantitative easing, negative interest rate policies, and yield curve control that have been implemented to combat deflationary pressures. The article also looks at the impact of Abenomics on interest rates, including increased government spending and borrowing by households and businesses alike. Finally, it examines the limited demand for Japanese Government Bonds from foreign investors due to their relatively lower returns compared with other countries with higher yield curves.