BAML's Moec Feels Treasuries Sell-Off Goes Beyond Trump

The video discusses the reluctance of America's foreign creditors to finance the US government, a trend that began before Trump's presidency. It explores the impact of higher US yields and the global reflation trade on capital allocation. The discussion also covers the decline in foreign holdings of US Treasurys and the economic forces behind it. Additionally, the video examines the trade weighted euro, the ECB's past actions for a weaker euro, and the current currency dynamics, concluding that the ECB is not actively manipulating the euro.

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