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Market liquidity could evaporate in response to shocks, IMF warns

It also notes corporate debt in emerging-market economies has quadrupled in the past decade with low interest rates
Wednesday, September 30, 2015 - 05:50

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With markets jittery in the face of China's slowdown and uncertainty over when the US Fed will start raising rates, what seemed a distant threat is looking more like a clear and present danger.

Tokyo

AS global stock markets reeled and currencies gyrated on Tuesday on interest-rate uncertainties and fears of accelerating economic slowdown in China, the International Monetary Fund (IMF) issued a chilling warning that financial-market liquidity could "evaporate in response to

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