The Business Times
business-time-50
THE BOTTOM LINE

日本会引爆下一场全球金融危机吗？

该国资本流动的变化可能暴露全球市场的脆弱性。

    • 日元升值会加速杠杆头寸的平仓，这说明了货币与金融稳定风险之间会如何相互作用。
    • 日元升值会加速杠杆头寸的平仓，这说明了货币与金融稳定风险之间会如何相互作用。 图片来源：彭博社

    Anoop Singh

    Published Wed, Oct 21, 2026 · 07:00 AM

    本文由 AI 翻译，关键事实请以原文为准。

    查看原文

    几十年来，日本的极低利率为世界提供了资金。其银行、保险公司和养老基金在海外大量投资，尤其是在美国政府债券上。如今，随着日本收益率的上升，这些资本流动可能正在发生变化。

    相关迹象十分显著。

    据《金融时报》报道，在截至2026年8月的五个月里，日本主要银行和保险公司净买入了5.4万亿日元（342亿美元）期限在两年及以上的日本政府债券，而银行在9月份则卖出了2.5万亿日元的外国债券。

    此翻译对您是否有帮助？

    JapanPublic debtsovereign debtBank of Japansovereign bondThe Bottom Line

    TRENDING NOW

    German Chancellor Friedrich Merz says Europe is facing “the most decisive moments... in defending the freedom and peace of (the) continent”.

    If Europe goes to war, the fallout will be felt in East Asia

    The Indonesia Stock Exchange says it has taken concrete steps with the Financial Services Authority to improve market transparency, integrity and quality.

    Indonesia stocks suffer worst plunge in nearly 30 years as MSCI proposes standalone status

    Keppel has operated for about four decades in Vietnam and built a portfolio of 30 projects with total registered investment capital exceeding S$5 billion.

    Keppel seeks US$1 billion for Vietnam investments as it joins country’s international financial centre

    Estimates from UNCTAD put 2025 Asean FDI at US$244 billion, with the Philippines attracting US$9 billion.

    Philippines’ FDI slowdown exposes uneven investment prospects across S-E Asia

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More