ASSESSMENTS

U.S.: The Treasury Bill Renaissance

Dec 10, 2008 | 17:31 GMT

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Summary

As the financial crisis forces investors around the globe to liquidate risky investments, the U.S. Treasury has benefited from its traditional role as a safe haven for capital. While the increasing demand for U.S. Treasury bills allows the U.S. wide berth for addressing the crisis, most other markets are being starved for desperately needed liquidity.

The global financial crisis has led to a great demand for U.S. Treasury bills, which will benefit the United States but spells trouble for other economies....

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