Page 2 - Safe Assets News Today

Most importantly, it could set off a global financial crisis because right now u.s. debt is considered the safest of safe assets. it is virtually risk-free. every other investment on earth, every other asset is benchmarked against our lack of risk, essentially. so if we prove ourselves to be unreliable and risky borrowers, that sets off this sort of chain reaction in other financial markets, and you can see shock waves of panic throughout the world. i hope we dont get to that point to be clear. ...

German debt has become massively overbid in cash and repo markets, underscoring the panic over the eurozone’s economic outlook

China’s high household savings rate remains a puzzle, with potential explanations including demographic, policy, and financial causes. This column investigates China’s savings rate using individual income and spending transactions linked to demographic characteristics and financial information on loan applications and credit availability. The authors match bank customers to

A European Debt Agency could greatly help in implementing a new fiscal policy strategy in Europe. This column identifies fluctuations in bond prices over the past 20 years that such an agency could have prevented, and argues that the agency could absorb the entire euro area debt while reducing its size due to less volatile price dynamics. A European Debt Agency could be used

Into safe assets, gold top being up to $940 an ounce so far in the last couple of hours you also see investors piling into fixed income, into bonds. you see yields coming off bond prices as well. everything youre seeing this morning, in terms of activity in the markets, has been to be expected but its been extreme some, of these movements. were gonna continue monitoring them throughout the morning, especially as we head to the wall street open. >> i do hope you keep us updated, one quick questio...

For that. >> joining me is cnn economics commentator and "washington post" opinion columnist. cath catherine, whats the problem if they dont extend the debt limit? whats the problem if the u.s. essentially defaults? >> so it is never a good time to default on eyour debt, especialy right now when we have so many other crises going on. id put it into a few different buckets. one, we have difficulty paying social security checks, military service members salaries, any creditor who has ever lent us ...

Deutsche Anleihen starten mit leichten Verlusten Nachrichtenagentur: dpa-AFX 29.07.2021, 08:32  |  93   |  0  FRANKFURT (dpa-AFX) - Deutsche Bundesanleihen sind am Donnerstag mit leichten Kursverlusten in den Handel gegangen. Der richtungsweisende Terminkontrakt Euro-Bund-Future fiel am Morgen um 0,04 Prozent auf 176,55 Punkte. Die Rendite der zehnjährigen Bundesanl...

It is on automation. im not saying were living in the jetsons world and a robot is handing you your hamburger -- >> thats just nonsense -- >> people are surely not getting their jobs back at the bottle factory. >> that is just not true. thats why interest rates are so low. theyre sticking it into safe assets, aka, government bonds. you see negative interest rates all over the world. this is because corporations arent spending on r&d because theres no competition. look, the reality is, we have to...

Or thailand or a place like that can it actually manipulate its currency deliberately? >> the answer is, yes, it could. but you raise a really important fundamental point. the u.s. dollar is the primary reserve currency of the world. thats the currency as you just said other countries often trade in. also, whats the safest asset if you want to park your money somewhere safe? its here in the u.s. so that means folks need dollars to buy our treasury securities. by the way, when i said trump is par...