The Administration's shift towards fixing trade imbalances by demanding countries to reinvest their foreign reserves into the U.S. can boost U.S. growth, but also creates upside risk to yields. Instead of requesting a currency adjustment, Trump has been asking a number of trade surplus countries to invest hundreds of billions of dollars into the U.S. These sums are to be financed out their sizable foreign reserves, which were in part accumulated from decades of trade […]