From a few conversations I had with some treasurers here in
Europe, I get the feeling that international money market funds
have been pulling out of Europe because of the debt crisis,
specially from french and italian banks....seems that for quite a
while they have been investing alternatively in us treaury bonds
...might explain part of that big spike in prices of the last few
weeks...
us treasury bonds
Posted by alseq on 26th of Aug 2011 at 09:52 am
From a few conversations I had with some treasurers here in Europe, I get the feeling that international money market funds have been pulling out of Europe because of the debt crisis, specially from french and italian banks....seems that for quite a while they have been investing alternatively in us treaury bonds ...might explain part of that big spike in prices of the last few weeks...
alseq - thanks for your
Posted by matt on 26th of Aug 2011 at 09:57 am
alseq - thanks for your perspective from Europe!