The Big Take
A $3 Trillion Threat to Global Financial Markets Looms in Japan
Japan’s super-easy monetary policy sent a flood of domestic money overseas. Investors are bracing for what comes next.
The Bank of Japan headquarters in Tokyo.
Photographer: Kentaro Takahashi/BloombergThis article is for subscribers only.
(This story was originally published on March 29. Bank of Japan policymakers meet today, with investors speculating that they will loosen their tight grip on interest rates.)
Read this story in Japanese: ３兆ドルの日銀黒田レガシーが逆回転の恐れ、世界の金融市場に衝撃も