The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
No dramatic movement.
People are moving from the euro and dollar to the Yen:
to the Yen.
So if people are moving out of the euro or dollar they are parking their money in the Yen or the capitalist paradise of Sweden. :-)
Thus, I think it's safe to claim the price rise of US Treasury instruments, and the resulting decline in their interest rates, is people moving within the dollar.
One thing that may also bear on this is we're hearing, in the US, there are trillions of dollars owned by US corporations being held outside the US because they don't want to pay the repatriation tax. Buying Treasuries is as good a place as any to park it until they decide what to do.
She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
Friends come and go. Enemies accumulate.
So 1 used to buy SEK 9, and now it's buying SEK 10.
by fjallstrom - Oct 12 3 comments
by DoDo - Oct 5 9 comments
by Frank Schnittger - Oct 11 5 comments
by gmoke - Oct 1 4 comments
by Luis de Sousa - Sep 28 28 comments
by Frank Schnittger - Oct 5 2 comments
by Frank Schnittger - Sep 24 19 comments
by ATinNM - Sep 24 16 comments
by fjallstrom - Oct 123 comments
by Frank Schnittger - Oct 115 comments
by DoDo - Oct 59 comments
by Frank Schnittger - Oct 52 comments
by gmoke - Oct 14 comments
by Luis de Sousa - Sep 2828 comments
by ATinNM - Sep 2416 comments
by Frank Schnittger - Sep 2419 comments
by gmoke - Sep 23
by DoDo - Sep 1226 comments