Ex-BoJ official says JGB safety “relative”
Nobusuke Tamaki, a former official at Bank of Japan and Government Investment Pension Fund, says government bonds may not be as safe as believed.
Nobusuke Tamaki delivered a speech at a recent conference in Tokyo organised by AsianInvestor in which he warned the audience of pension funds and investment professionals that Japanese government bonds’ “risk-free” image was a matter of perception.
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