The Dollar’s Impossible Trifecta | Jon Turek on Why USD Hedging Flows Will Increase Throughout Fed’s Rate Cutting Cycle
Monetary Matters with Jack Farley
00:00
Why Foreign Investors Bought U.S. Assets Unhedged
Jack asks why reserve managers buy Treasuries; Jon explains depth of U.S. markets and hedging costs that encouraged unhedged investments.
Play episode from 10:37
Transcript
