Where to now for safety?

Hannah Brenton looks at the danger caused by the shrinking pool of 'safe assets'

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Earlier this month the International Monetary Fund warned the sovereign debt crisis could wipe out $9trn (£5.6trn) of safe assets.

The organisation argued that the amount of government debt deemed to be safe by investors could fall by a hefty 16% by 2016. In a world where the ‘flight to safety' is a continuing phenomenon in...

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