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7/31 Does "current account deficit" == "trade deficit"? I kind
of understand how it affects forex rates, but does it also
have an effect on bond yields and bond prices?
\_ No, trade deficit is just the difference in goods and
services, while current account deficit also includes
investment. It has an effect on bond prices because
\- hello i believe that is sort of misleading.
i have left a somewhat extended comment at:
~psb/trade-accounting.txt. ok tnx. --psb
some of the imported/exported money goes to the bond
market. In the US for example, most imported money is
used to buy treasuries. It is different in other
countries. -ausman |
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