Why central banks love Treasuries

Mar 27, 2012 : John Nugee, head of official institutions at State Street Global Advisors, explains why central bank reserve managers have reduced their exposure to commercial banks but clung on to low-yielding US, UK and German sovereign debt. He believes emerging market debt will grow as a reserve asset, although this may not necessarily be in the interests of emerging nations.
1 - 12 MARKETS & INVESTING (100)