At present, the international community has a saying: the most financial risks in the world may not be the United States, but Japan! The Bank of Japan has always insisted on quantitative easing and tried to make the people in the market believe in its sustainability.

At present, the international community has a saying: the most risky financial risks in the world may not be the United States, but Japan!

For a long time, the Bank of Japan insists on quantitative easing and tries to convince the masses in the market that its sustainability is. 4htmlIn March, the Japanese Central Government announced that it would purchase unlimited amounts of Japanese government bonds, falling into liquidity with the banking system. This time, bond traders "no longer give face". They think this is just a talk and challenged the largest single-day decline in Japan's 10-year treasury bond futures yesterday!

June 15, Japanese Treasury futures triggered a circuit breaker, approaching the largest decline since 2013. The Bank of Japan is also actively buying bonds to curb the futures plunge. However, as global bond markets continue to increase their selling, Japan can only "shop the goods" and increase the scale of bond purchases. However, this time the impact may not be limited to Japan. Some professionals believe that Japanese bonds have a high degree of ties with the international bond market, and this risk may have a great impact on the entire Asia-Pacific market, and Japanese financial market will also face the risk of a systemic collapse.

According to relevant data, as of last year, Japan's government bonds have reached 1241 trillion yen (about 34 trillion yuan), which is 2.5 times that of Japan's GDP. According to the latest population data in Japan (125.19 million people), it is equivalent to 9.91 million yen (about 510,000 yuan) per Japanese carrying.

data shows that Japan's trade deficit in February hit a record high in more than 8 years. The "culprit" that caused this series of situations is the depreciation of the yen. Most of the products of are soaring, which is undoubtedly hopeless for the Japanese who have not raised their wages for several years. Japanese companies also believe that the weaker yen has led to a decline in business returns, which has damaged the confidence of the company.

As Japan has intensified its aging trend, economic development lacks momentum, and Japan's debt scale further expands, will the Bank of Japan continue to adhere to the loose monetary policy of ?

text|Wu Kaibin Title|Zeng Yi Review|Li Zepum

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