Joseph P. Joyce — Current Account Deficits and Safe Assets

Summary:
Global appetite for US Treasuries as "safe assets." This is a primary function of a reserve currency as a saving vehicle that is regarded as a safe haven.EconomonitorCurrent Account Deficits and Safe Assets Joseph P. Joyce

Topics:
Mike Norman considers the following as important: CAD, foreign reserves, NIIP, reserve currency, safe assets, safe haven, US Treasury securities

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