Did the tide turn for US assets last week? For months, US Treasury bond prices have fallen, taking the dollar with them. The explanation was clear. Investors believed disaster had been averted. That meant taking greater risks once more and selling the secure US Treasury bonds bought during the panic.
美國資產的潮流上週是否發生了改變?過去幾個月,美國國債價格下跌,帶動美元隨之下行。原因很清楚。投資者認爲已經躲過了災難。這意味著他們再次變得更加冒險,以及出售在恐慌期間購入的安全的美國國債。
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