💸 The $26.5tn US Treasury market is the biggest and most liquid in the world and Treasury securities are held by investors and central banks across the globe. The market is the mechanism by which the Federal Reserve executes monetary policy and through which the US government borrows. Yields on Treasuries are the risk-free rate against which assets around the world are priced.
But growing problems could threaten the asset’s supremacy in the financial world. On three occasions in the past decade, crises have precipitated a dysfunction in the market. Radical changes are on the way though — here’s what to look out for:
#Nostr | #growNostr | #Press | #PLEBchaiN | #Newstr
Related Articles
