Because his focus is riskless u. s.government debt , mr. tedford 's only concern is federal economic policy and the outlook for inflation .
由于泰得福德的投资重心是没有风险的美国国债,他唯一关注的问题就是联邦经济政策和通货膨胀前景。
Banks only able to offer non-interest paying deposits , whose real value declined by the day , lost customers to money market funds that contained riskless but interest bearing tbills .
Not only did china feel secure in placing such a large bet on the once relatively riskless components of the world 's reserve currency , but its exchange-rate policy left it little choice .