High public debt, NBFIs and the risk of market dysfunction
The analysis finds high public debt and growing non-bank footprint increase the risk of market dysfunction in government debt markets while making very favorable conditions more likely.
Featured in No. 135 on 16 Oct 2026 · 6 days after release
- Released
- 10 Oct 2026
- First featured
- No. 135 · 16 Oct 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 2 of 5
- Identifier
- RePEc:bis:bisblt:136
- Authors
- Mathias Drehmann and Sonya Zhu
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