Why Even a Hint of ‘Sell America’ Rattles Global Markets

The US boasts the world’s deepest and most liquid financial markets. The dollar is the king of currencies. Treasuries are the preeminent safe-haven asset. And yet, a narrative has taken...

By Miles J. Herszenhorn, Geoffrey Morgan · Bloomberg Markets

The US boasts the world’s deepest and most liquid financial markets. The dollar is the king of currencies. Treasuries are the preeminent safe-haven asset. And yet, a narrative has taken hold that it may be time for global investors to “Sell America.”