SEOUL NATIONAL UNIVERSITY · CENTER FOR LAW & ECONOMICS
Center for Law & Economics, Seoul National UniversityCENTER FOR LAW & ECONOMICS
ECONOMICS · RESEARCH RECORD
AmericasMacroeconomics

Repo is the new dollar safe asset

AT A GLANCE

About this material

US Treasuries have long been the benchmark dollar safe asset, and the convenience yield they command is the price the world pays for dollar

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