Why Japan’s Fiscal Crisis Drives Flows Into U.S. Treasuries
Weston Nakamura, author of The Across the Spread Substack, delves into the dynamics behind Japan’s role as the largest foreign holder and buyer of U.S. Treasuries. Nakamura explains how Japan’s fiscal challenges and political instability make U.S. Treasuries a relatively attractive option. He highlights the importance of viewing global debt and creditworthiness on a relative basis. Tune in for Nakamura’s compelling insights into the interconnected world of sovereign debt markets.
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3 Comments
Weston!
Found it ! ❤
I notice that Japan and UK combined have completely replaced China in terms of US treasury buying. I'm wondering if this buying is largely more political than psychological.