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
by DoDo - Dec 21 2 comments
by das monde - Dec 14 19 comments
by Democrats Ramshield - Dec 16 4 comments
by ARGeezer - Dec 15 65 comments
by Democrats Ramshield - Dec 20 6 comments
by gmoke - Dec 2 8 comments
by LEP - Dec 9 26 comments
by gmoke - Dec 17
by DoDo - Dec 212 comments
by Democrats Ramshield - Dec 206 comments
by gmoke - Dec 17
by ReGiNuss - Dec 172 comments
by Democrats Ramshield - Dec 164 comments
by ARGeezer - Dec 1565 comments
by das monde - Dec 1419 comments
by LEP - Dec 926 comments
by ARGeezer - Dec 816 comments
by gmoke - Dec 72 comments
by rz - Dec 415 comments
by gmoke - Dec 28 comments
by A swedish kind of death - Dec 233 comments
by rz - Nov 3071 comments
by Migeru - Nov 2959 comments
by ARGeezer - Nov 242 comments
by Cyrille - Nov 247 comments
by gmoke - Nov 1916 comments