Crumbling Western banks will be new worry for Ueda at BOJ
Like Silicon Valley Bank, many Japanese lenders have piled into bonds
Incoming BOJ Gov. Kazuo Ueda during a Diet hearing on Feb. 24: He can forget tapering the balance sheet when he arrives on the job next month.
William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
Incoming Bank of Japan Gov. Kazuo Ueda could be excused for harboring regrets about accepting the toughest job in central banking.
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
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