Inflow Quotes
We should reduce hot money inflow. It is not right to say 'there is nothing that can be done'. State should intervene in the markets. We should accept that there are foreign exchange and monetary policy problems.
- Kemal Dervis
This large inflow is an important prop for the Treasury market, helping keep yields in their current low trading range... Not only is the inflow large relative to new Treasury supply, it may also help stabilize the market when it comes under pressure. If investors start to shy away from the U.S. market, the dollar comes under downward pressure and the Asian central banks pile in to support the U.S. market.
- Ethan Harris
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