A U.S. default would destabilize the financial ecosystem that investors swim in, strategist warns
May 15, 2023 at 17:45 PM EDT
Investors around the world are fish that 'swim in the ocean' of Treasurys and the dollar 'is the water,' leaving few places to hide if the U.S. government willingly defaults, says Amar Reganti, fixed income strategist at Hartford Funds.
