基本抵押品:一个理解全球宏观经济和金融市场的概念

The Journal of East Asian affairs Pub Date : 2022-07-12 DOI:10.1142/s2737557922500024

Zhang Yuyan, Xia Guangtao

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引用次数: 0

摘要

美国国债对全球金融市场的系统性重要性，源于其基本抵押品的属性。本文试图利用基本抵押品的概念及其基本特征和功能来解释美国国债如何加强美元的国际地位，并探讨多元化的全球基本抵押品市场的前景。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Fundamental Collateral: A Concept to Understand Global Macroeconomics and Financial Market

The systematic importance of US Treasuries for the global financial market stems from their attribute of fundamental collateral. This paper attempts to use the concept of fundamental collateral, as well as its basic features and functions, to explain how US Treasuries have strengthened the international status of the US dollar, and examines the prospects of a diversifying global fundamental collateral market.

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The Journal of East Asian affairs

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