
Repo is the new dollar safe asset
US Treasuries have long been the benchmark dollar safe asset, and the convenience yield they command is the price

US Treasuries have long been the benchmark dollar safe asset, and the convenience yield they command is the price

Stablecoins could make payments and remittances cheaper and faster, but policymakers worry they could also help residents, particularly in

Europe’s push for deeper capital markets assumes that cross-border equity ownership matters. This column shows that it does. Euro

International financial integration is often measured through national totals. Yet these totals can conceal very different experiences across firms.

The 20th century shift from sterling to the dollar is often cited as evidence that currency dominance is not

The US trade deficit in goods unexpectedly widened in September as imports increased, suggesting that trade again subtracted from

The importance of private equity for euro area firms is increasing, with annual growth rates in assets under management

Nominal interest rates increased significantly in the US and euro area following the post-pandemic inflation surge, yet economic activity

Official development assistance fell by 23% in 2025, the largest drop on record. Aid disbursements have tended to coincide

The European banking sector is known for high regulatory complexity, market fragmentation, and uneven implementation of international standards. However,

US Treasuries have long been the benchmark dollar safe asset, and the convenience yield they command is the price

Stablecoins could make payments and remittances cheaper and faster, but policymakers worry they could also help residents, particularly in

Europe’s push for deeper capital markets assumes that cross-border equity ownership matters. This column shows that it does. Euro

International financial integration is often measured through national totals. Yet these totals can conceal very different experiences across firms.

The 20th century shift from sterling to the dollar is often cited as evidence that currency dominance is not

The US trade deficit in goods unexpectedly widened in September as imports increased, suggesting that trade again subtracted from

The importance of private equity for euro area firms is increasing, with annual growth rates in assets under management

Nominal interest rates increased significantly in the US and euro area following the post-pandemic inflation surge, yet economic activity

Official development assistance fell by 23% in 2025, the largest drop on record. Aid disbursements have tended to coincide

The European banking sector is known for high regulatory complexity, market fragmentation, and uneven implementation of international standards. However,




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