Large Risk of Instability in Japan; Rates Climb Even With Japan Buying 70% of New Issuance
May 27, 2013Spread the love
The correct interpretation of course is "the risk of instability is huge". Please consider Haruhiko Kuroda says rates must stay low until economy improves . Haruhiko Kuroda, Japan’s central bank governor, said the country’s financial system could cope with rising interest rates only once the economy improved, as he laid out the stakes in his attempt to tame the volatile bond market.
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Large Risk of Instability in Japan; Rates Climb Even With Japan Buying 70% of New Issuance