Foreign ownership of US corporate bond market has risen from 17% to 27% since 2000 despite the dollar first falling and then rising. @SoberLook juxtapose this to @Birdyword piece on Japanese purchases. Are hedging costs key? Or is this a secular trend? https://t.co/mr9epWPlzu
Assets Held by Financial Institutions Without a Banking License bloomberg.com/news/articles/… https://t.co/Bp7ApXFPha
Assets Held by Financial Institutions Without a Banking License bloomberg.com/news/articles/… https://t.co/Bp7ApXFPha