Tag Archives: US Treasury securities

There has been major disruptions in Treasury market liquidity, with it being very difficult to sell off-the-run bonds. My initial reaction to these stories is that this is the typical complaining you get from people in any overly-specialised field when something slightly atypical happens. My argument is the worst case interpretation is that this is a reaction to one or major entities' balance sheets blowing sky high. Alternatively, this is just what happens when too many people take finance...

Apparently contradictory data calls for explanation of behavior. Is the Fed buying resulting in a bond crunch? EconospeakAre US Treasuries Really Facing A "Liquidity Crunch"?J. Barkley Rosser | Professor of Economics and Business Administration James Madison University

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