From protests to forest fires, from a pandemic to economic disruptions, 2020 forced meaningful changes in the way companies, and treasuries in particular, work. In the face of all of this, cash remained remarkably strong. Looking ahead to 2021, we expect underlying factors — low interest rates, a continuing transition toward ESG, shifting policy frameworks and the shift away from LIBOR — to continue to shape the global cash market well into the new year.
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Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the State Street Global Advisor Funds.
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