Japan’s debt trap: Who’s in the trap?

Disentangling the public finance puzzle and its interaction with the JGB market.

June 2011. The cost of rebuilding following the earthquake and tsunami in Japan in March, and renewed concerns about the ability of Greece to repay its debt, have turned the attention of investors once again to the debt burden in Japan. Yoshi Sakakibara, Economist, and Dan Morris, Market Strategist, discuss the current fiscal situation in Japan and the potential impact of financing the reconstruction. (Read more)

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