Jan
19th
Tue
19th
Japan Will Be The Trigger
Japan holds 10% of the stock of US government bonds. Once the Japanese internal demand for Japanese government bonds (JGB) runs out (because population is decreasing since 2005, because their state pension system since last year has become a net seller of JGBs, and so on), they will have to sell their holdings of US treasuries possibly triggering a worrisome domino effect.
