The document discusses the impact of potential Federal Reserve tightening and China's foreign exchange adjustment on global liquidity and financial assets. It explains how changes in global liquidity, driven by central bank balance sheets and foreign exchange reserves, affect equity and bond markets. The document also explores the role of the US dollar as a reserve currency and the implications of exchange rate regimes on global liquidity.
documents/vol00010-efta01362011-pdf.pdf
{"title":"US Fixed Income Weekly","document_date":"2015-09-04","document_type":"other","key_organizations":["Federal Reserve","People's Bank of China","Deutsche Bank Securities Inc."],"reference_numbers":["DB-SDNY-0051308","SDNY_GM_00197492","EFTA01362011"]}