Tweet by robin_j_brooks

September 23, 2025

The US is gradually losing its "exorbitant privilege," its ability to issue debt more cheaply than the rest of the G10 when foreign yields are swapped back into $. That loss is most pronounced for longer-term yields where risk premia are building. US deficits are taking a toll... https://t.co/UWlFiUpnWr

Author
robin_j_brooks
Date
September 23, 2025
Open on X