in conjunction, this creates an upward pressure in the global liquidity for the near future
Illya Gerasymchuk
in conjunction, this creates an upward pressure in the global liquidity for the near future
of course, this also builds up on leverage in the form of market-wide carry trades, and duration mismatching in the form of rolling over of debt by the Treasury
i explained how weaker US dollar increases cross-border USD liquidity in this thread: https://illya.sh/threads/@1755216337-1.html