China's been buying a lot of dollars to hold their own currency down. I assume that won't continue forever. When it does stop, the USD will drop & Yuan will rise. Also, Pimco, biggest bond trader in the world, has dumped all their treasuries. I'm with them :)
My guess is that the USD is seen as a safe haven during these risky times, but not a long-term store of wealth. That's why treasuries are (temporarily) high.
My guess is that the USD is seen as a safe haven during these risky times, but not a long-term store of wealth. That's why treasuries are (temporarily) high.