Monthly Archives: July 2016

Sandy Brian Hager, A Global Bond: Explaining the Safe Haven Status of U.S. Treasury Securities

July 28, 2016

ABSTRACT This article offers new theoretical and empirical insights to explain the resilience of U.S. Treasury securities as the world’s premier safe or “risk free” asset. The standard explanation of resilience emphasizes the relative safety of U.S. Treasuries due to a shortage of safe assets in the global political economy. The analysis here goes beyond the standard explanation to highlight … Read More