ST Alpha - ""The excess liquidity is even being used to finance a new "carry trade" in which global investors borrow at U.S. rates and buy government bonds in " (Reading a Post)

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"The excess liquidity is even being used to finance a new "carry trade" in which global investors borrow at U.S. rates and buy government bonds in

Posted by Loyola Sep 23 '09, 09:15

places like Australia, where prevailing rates are higher. Because the carry trade involves exchanging dollars for foreign currencies, it has been a major contributor to the recent decline in the dollar."

http://www.washingtonpost.com/wp-dyn/content/article/2009/09/22/AR2009092203737.html (www.washingtonpost.com)

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"The excess liquidity is even being used to finance a new "carry trade" in which global investors borrow at U.S. rates and buy government bonds in

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