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How Innocuous Is a Treasury Default?

{ Posted on May 31 2011 by Menzie Chinn }

Tags : Economics, Funds, Investing, Investments, market, Portfolio Optimization, Stock, trading, Wall Street
Categories : deficits, Econbrowser, Money, Uncategorized

Steven Englander, Global Head of G-10 FX strategy for Citi is not very sanguine about a Treasury default, especially as it pertains to foreign holders of Treasurys. From an email today (not online):

This entry was posted on Tuesday, May 31st, 2011 at 4:28 pm and is filed under deficits, Econbrowser, Money, Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.