Record levels of government debt, as well as the weight of central bank financing, signal a potential shock in the making in Japan. The globalised nature of financial markets means that a shock on Japanese markets could prompt dislocations in other markets where government debt is accumulated - in other words, anywhere in the world.
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Potential for dislocation
February 21, 2019
Research Director
Kazuhito YAMASHITA
February 21, 2019
Research Director
Yukihiro MATSUYAMA
February 21, 2019
Research Director
Yukihiro MATSUYAMA
February 21, 2019
Research Director
Yukihiro MATSUYAMA
February 20, 2019
Research Director
Kunihiko MIYAKE
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