Pufferfish Enjoyer : CSOP has been an amazing place to park my cash that would otherwise just be sitting there and doing nothing. It is also good for monies that you are about to spend within the next few weeks or months(travelling money etc..) to earn a little something, just remember to withdraw a week early for payments.
Question: When the fed decides to lower interest rates, for example in the US, would this fund be able to buy tbills and bonds from the EU for example, if they have not lowered their interest rate yet.
Let's say, for example, if the US suddenly dropped interest rates overnight to 3% due to some sort of recession, and EU interest rates remain high due to increased inflation. Would CSOP buy EU tbills instead?
P.S. Hope I get the points and coupon :)