The document discusses the impact of changes in central bank balance sheets on global liquidity and asset prices. It highlights three periods of balance sheet expansion by the PBOC and the Fed, noting the effects on global liquidity and currency stability. The document includes a table showing changes in central bank balance sheet liquidity and discusses the implications for asset prices.
documents/vol00010-efta01362012-pdf.pdf
{"title":"US Fixed Income Weekly","document_date":"2015-09-04","document_type":"tabular","key_organizations":["Bloomberg","Deutsche Bank","Haver Analytics"]}