Is there an alternative to the dollar? | Authers' Note
- 5 years ago
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The financial crisis has pushed down the yield on US bonds but people still buy them. Eswar Prasad, professor of economics at Cornell University, tells John Authers why there is no alternative to holding dollar debt when safety is paramount.
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The financial crisis has pushed down the yield on US bonds but people still buy them. Eswar Prasad, professor of economics at Cornell University, tells John Authers why there is no alternative to holding dollar debt when safety is paramount.
► FirstFT : http://bit.ly/1TK237l
► Authers’ Note: http://bit.ly/1Liu16x
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes