Demand for Treasuries Is Now a ‘Made in the U.S.A.’ Phenomenon
- Appetite has shifted from global to local, Merrill Lynch says
- Liability-driven investors have gobbled up long-dated debt
Gluskin Sheff's Rosenberg: Too Much Negativity on Bonds
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Buy American, hire American.
In the world’s biggest debt market, domestic purchasers have been faithfully fulfilling the first half of President Donald Trump’s inauguration decree.