Übersetzung für "Us treasury bills" in Deutsch

The obvious candidate for this reserve fund was US Treasury bills.

Chinese investments increasingly took the form of official purchases of US Treasury bills.

At the same time, the Fed is already reducing its holdings of US Treasury bills and mortgage bonds.

First, there are limits to how many trillions of dollars China can, and should, put into US Treasury bills.

Countries hold these reserves in a variety of forms, including gold and US Treasury bills.

But for countries that have scope to invest more, particularly those that are holding a surfeit of precious development dollars in idle US Treasury bills, the time may be ripe to reassess the balance of risks.

For years, China funneled its surpluses back into the purchase of US Treasury bills, thus underwriting American profligacy and forging a symbiotic arrangement that the historian Niall Ferguson has called “Chimerica.”

For the moment, global investors cannot get enough of US treasury bills, as collapsing interest rates for short-term US securities demonstrates.

After all, why should the central banks of China, Japan, South Korea, and other Asian countries accumulate vast holdings of US Treasury bills if the dollar is likely to lose value in the years ahead?

During the 1950’s and 1960’s, Europeans amassed a huge stash of US Treasury bills in an effort to maintain fixed exchange-rate pegs, much as China has done today.

Japan alone has foreign exchange reserves of around $750 billion, much of that in US treasury bills.

Despite the impressive equity rally, the price of longer-term US Treasury bills was higher at the beginning of December than at the start of the year.

Indeed, the rate on inflation-adjusted US Treasury bills (so-called “TIPS”) is now negative up to 15 years.

Many foreign leaders quickly switched from schadenfreude to fear – and to the security of US treasury bills.

This can be partly explained by a number of global factors, such as enhanced central bank credibility in fighting inflation, the existence of excess liquidity in the international financial system, the purchases of US Treasury bills by Asian central banks, underinvestment in the corporate sector in the last few years and shifts in the investment strategies of pension funds due to population ageing.

In the United States, the rate on US Treasury bills fell from 8,2 % at the end of March to 6,8 % at the end of June.

Diversification from US Treasury bills by investing some $3 billion in the Blackstone private equity fund this summer was swiftly followed by an embarrassing collapse in value.

Floating exchange rates were supposed to prevent countries from manipulating their currencies, but, by accumulating large quantities of US treasury bills, East Asian countries, especially China, kept their exchange rates artificially low.

Between September 1994 (the year of their inception) and January 2001, the AFJP yielded an average annual rate of return of 10.9% in US dollars--nearly 600 basis points above the return obtainable from US Treasury Bills.

But, given the lack of a single debt instrument equivalent to a US Treasury bill, the crisis caused eurozone member states’ public-debt yields to diverge.

Yet there is no logical reason why a US Treasury bill with one day to maturity and paying a minimal rate of interest – which is widely accepted to be an asset – should be considered any different to a one dollar bill.

European governments’ debt may all be denominated in euro, but German and Italian debt are hardly the same thing, so the government euro-bond market lacks the depth and liquidity of the US Treasury Bill market.