A Crisis of Confidence in the Dollar Threatens Global Financial Stability

18/04/2025
A rise in US Treasury yields would immediately feed through into other countries’ borrowing costs, tightening global financial conditions
Number: 200
Year: 2025
Author(s): Lorenzo Bini Smaghi

A rise in US Treasury yields would immediately feed through into other countries’ borrowing costs, tightening global financial conditions. A commentary by Lorenzo Bini Smaghi

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Lorenzo Bini Smaghi

Lorenzo Bini Smaghi

Non-resident Fellow
Lorenzo Bini Smaghi holds a degree in Economic Sciences from the Université Catholique de Louvain (Belgium) and a Ph.D in Economic Sciences from the University of Chicago. He began his career in 1983 as an economist in the Research Department of the ...