Special Report – Do concerns about US twin deficits justify the dollar’s increasingly bearish outlook?
Posted on February 22, 2018 at 1:40 pm GMTAs the US government looks to raise $258 billion in Treasury auctions this week, the risk from a ballooning US deficit is weighing on investors’ minds as concerns grow about the sustainability of the worsening fiscal shortfall in the United States. The prospect of a burgeoning budget deficit comes at a time when the country’s trade balance has also been deteriorating in recent months. More worryingly, it is occurring against the backdrop of an economy that is at a late [..]