Increased leverage in the nonfinancial sector, banks reaching for yield in a persistently low-interest rate environment and emerging markets pose a growing threat to the system, according to a report issued Tuesday by the Office of Financial Research.

The report said that so far the threats remain contained and do not pose a clear and present danger to the economy. But that could change quickly.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.