---
title: "Meaning & Key Takeaway of: Treasurys, as low as yields are, are…"
description: "\"Treasurys, as low as yields are, are higher than they are in most other developed countries. A foreign investor picks up a yield spread in Treasurys ve..."
image: "https://sms4smile.com/quotes/i/79a/gary-shilling-27568_country_treasurys-as-low-as-yields-are-are-highe_2356028.jpg"
---

#  Treasurys, as low as yields are, are higher than they are…

![“Treasurys, as low as yields are, are higher than they are in most other developed countries. A foreign investor picks up a yield spread in Treasurys versus their own sovereigns, plus the fact that if the dollar is going to continue rallying - and I think it will because it's a safe haven - then…” quote by Gary Shilling](https://sms4smile.com/quotes/i/79a/gary-shilling-27568_country_treasurys-as-low-as-yields-are-are-highe_2356028.jpg)   [Download](https://sms4smile.com/quotes/i/79a/gary-shilling-27568_country_treasurys-as-low-as-yields-are-are-highe_2356028.jpg) [Open image](https://sms4smile.com/quotes/i/79a/gary-shilling-27568_country_treasurys-as-low-as-yields-are-are-highe_2356028.jpg)

> “Treasurys, as low as yields are, are higher than they are in most other developed countries. A foreign investor picks up a yield spread in Treasurys versus their own sovereigns, plus the fact that if the dollar is going to continue rallying - and I think it will because it's a safe haven - then they get a currency translation gain as well.”

[Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Investors benefit from higher US Treasury yields compared to other developed nations, plus potential dollar appreciation gains.

**In simple terms:** US bonds give better returns and currency gains.

Key Takeaway

Consider US bonds for yield and currency advantage.

Themes

investment currency risk global markets

Mood

analytical optimistic

Type

financial strategic

When to use this quote

- portfolio diversification
- emerging market exposure
- hedging inflation
- allocating capital
- managing exchange risk

Key Concepts

yield spread safe haven currency translation macro economics

Questions to Reflect On

- How do you balance yield with credit risk?
- What hedging strategies protect against dollar volatility?

A Different Perspective

Higher yields may be offset by rising US debt and inflation pressures.

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