Surveillance: BOJ Surprise with Lyngen
Bloomberg Surveillance
00:00
Is There a Massive Rise in Interest Rates in Japan?
The Japanese institutions have been very cautious around the interest, the increase in interest rates globally. I think over the course of this year, probably hedging has been actually put in place quite actively. It's going to take a while, we're not having a massive rise in interest rates. And I think normalizing interest rates at the front end in a sustainable way because inflation is higher and nominal growth is basically more sustainably higher will be how they restructure their balance sheetsGoing forward.
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