DoubleLine's Bill Campbell Warns of Stealth Tightening by the Bank of Japan
LOS ANGELES, Feb. 24, 2023 /PRNewswire/ -- Contrary to its reputation for aggressively accommodative monetary policy, the impact of the Bank of Japan's policies has been a "stealth tightening," DoubleLine Global Bond Strategy Portfolio Manager Bill Campbell writes in a new paper. The result, Mr. Campbell warns, is a sell-down of Japan's massive, invested savings in foreign financial assets, compounding the drain of global liquidity under quantitative tightening (QT) by the world's central banks.
To read the paper, titled "Liquidity Riptide: Japanese Capital Repatriation and QT," please click on the following link: https://doubleline.com/wp-content/uploads/Japan-Liquidity-Rip-Current_Campbell_2-2023.pdf
About DoubleLine
DoubleLine Capital is an investment adviser registered under the Investment Advisers Act of 1940. DoubleLine's offices can be reached by telephone at (213) 633-8200 or by e-mail at [email protected]. Media can reach DoubleLine by e-mail at [email protected]. DoubleLine® is a registered trademark of DoubleLine Capital LP.
SOURCE DoubleLine
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article