The US dollar has held undisputed sway as the world’s foremost reserve currency since the end of WWII, but mounting geopolitical tensions have exposed vulnerabilities that could challenge dollar hegemony in the decades ahead
US Treasuries
Latest in US Treasuries
Bond
Strong demand as UAE government’s 10-year USD bond oversubscribed five times
The $1.5 billion bond, to be listed on Nasdaq Dubai and the London Stock Exchange, has been issued with a yield of 4.917%
bailout
US regulators move in to guarantee deposit access for SVB and Signature Bank
President Joe Biden’s statement, followed by the statement by the involved regulators, soothe the frayed nerves of US bank customers
blockchain technology
What are the top investment themes for 2022?
2021 has proved out to be a mixed bag of results. What does 2022 have in store?
US Treasuries
Saudi Arabia’s holdings of US Treasuries drop to four-year low
Kingdom sold around $8 billion in US government debt, the most in over a year, bringing its stock to $116.5bn, according to Treasury Department data
currency pegged to dollar
Saudi hoard of US Treasuries shrinks most since oil-price rout
Kingdom sold $4bn in US government debt, the most in over a year, draining its cache to $124.1bn, according to Treasury Department data
currency pegged to dollar
UAE overtakes China in $17 billion U.S. treasuries buying spree
The move took UAE holdings to levels last seen in 2019 before the global pandemic and the crash in oil prices put pressure on its finances
foreign currency reserves
India sold $8bn of treasuries as central bank aided rupee
Despite the RBI’s presence, the rupee lost 3.3 percent against the dollar in those months as foreign funds exited high-yielding emerging markets for safer havens amid rising US interest rates