Today, Japan thinks about selling bonds, where the Japanese government is considering selling about 1 trillion yen ($13 billion) of treasury bonds to rebuild the housing sector which was damaged by the devastating earthquake on March 11 that has killed and left more than 19 thousand missing.

As we mentioned before, that Moody's lowered the Japanese credit rating to Aa3 on August 24 as a result for March 11th disaster that weakened the growth and weakened the prospects for the government's ability to control its debt load which has magnified and widened the budget deficit.

Also S&P has downgraded sovereign-credit to AA- and left it as a negative outlook, on the other hand what worries the Japanese economists the government may not succeed in raising taxes to repay the debt which is almost possible as more than 59% of are refusing a tax increase.