13.05.2011 - Sovereign investment shift may fuel U.S. rates, IMF book says
A shift by sovereign wealth funds to riskier assets may lead to higher interest rates in the U.S. as demand for American debt declines, according to a book released by the International Monetary Fund in Beijing today. The change may have a “minimal” affect on the dollar as sovereign wealth funds seeking greater returns shift to U.S. equities and alternatives, according to the book entitled Economics of Sovereign Wealth Funds, which was released as the International Forum of Sovereign Wealth Funds held meetings in the Chinese capital this week..............................................Full Article: Source
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