
Containing the Dollar Credit Crunch
Mar 18, 2020 warns that non-US corporations are sitting on a crumbling mountain of dollar-denominated bonds.
Philip Turner is a visiting lecturer at the University of Basel and a visitor at the National Institute of Economic and Social Research in London. He was previously Deputy Head of the Monetary and Economic Department and a member of senior management at the Bank for International Settlements.
Mar 18, 2020 warns that non-US corporations are sitting on a crumbling mountain of dollar-denominated bonds.