US still shows no signs of addressing debt mountain
America’s balancing act
Bond investors punished Europe’s weaker sovereigns and banks alike in 2010, but the US remained an enviable safe haven. Treasury yields were depressed for much of the year, while real GDP growth ran at 2.9%, according to the Bureau of Economic Analysis, well above the Eurozone’s 1.7% rate (as projected by Eurostat).
The US remains the largest bond market and the dollar the world’s reserve currency, while the actions of the Federal Reserve (in buying bonds) and the government (in extending tax
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Debt management
7 days in 60 seconds
Autocallables, Mifexit and the value of HFT
The week on Risk.net, September 19-25, 2020
Receive this by email