Post-crisis, liquidity played, if anything, an even larger role, at least for medium- and long-term Treasuries
, because the other factors tended to increase the premium.
give many investors similar peace of mind.
For cash and treasury clients, Banco Santander offers Infocash--a transactional banking solution with a high added value, which allows Santander's international clients to manage their treasuries
in Latin America in a centralized way, online and through the Internet.
For instance, Treasuries
surrendered gains to the Nasdaq composite index as investors shifted money out of bonds and into stocks after the release of the May employment report.
to equities would not, in itself, have any effect on national saving.
Clearly, the catalyst of this change is technological advances that are helping corporate treasuries
fulfill their expanded role.
* The payments on the Treasuries
go directly to the Trust or its agent.
For instance, in late January, many investors fled to safety by buying five-year and 10-year Treasuries
as the stock market declined.
Centralize where possible, but plan for the fact that even the largest companies are still struggling to fully centralize their treasuries
. Many in the industry understand that this is the most pragmatic solution to the conceptual issue of the corporate treasury, but are at a loss as to how to accomplish it.
Experts say if you're looking for a steady stream of income over the long term--say 10 or more years--turn to Treasuries
under the scenario we've described above.
However, just as most central banks throughout the world act as fiscal agents for their treasuries
or finance ministries, the Federal Reserve is the U.S.