Front Matter Page
Asia and Pacific Department
Table of Contents
I. Introduction
II. Risks to the JGB Market from Shrinking Fund Supply, Global Spillovers, and Market Volatility
III. Risks from a Rise in JGB Yields
IV. Conclusions
References
Tables
1. Impact of Loans and Deposits on Banks' Holdings of Government Securities
2. Correlation of Japanese Sovereign Yields
3. Factors Influencing Short-term JGB Yield Movements
4. Financial Indicators Influencing Sovereign Risk
Figures
1. Overview of the JGB Market
2. Japan: Financial Balance Sheets of the Non-financial Sectors
3. Fund Supply and Demand of Non-financial Sectors
4. Global Spillovers and Volatility of the JGB Market