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home / news releases / BWX - Standard Textbook Dollar Or Eurodollar Standard?


BWX - Standard Textbook Dollar Or Eurodollar Standard?

  • Convention has it that "capital flows" are determined by the portfolio effects of interest rate differentials.
  • Should Treasury yields begin to rise, then it's said "capital" flows back "home" leaving the EM system from which it came vulnerable to standard ill-effects.
  • Rising yields, a reflation signal otherwise, isn't at all incompatible with at least the first stages of the next dollar shortage.

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Standard Textbook Dollar, Or Eurodollar Standard?
Stock Information

Company Name: SPDR Bloomberg Barclays Intl Treasury Bd
Stock Symbol: BWX
Market: NYSE

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