Tag: Sovereign Debt Markets
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The Shift in Sovereign Debt Markets: Could Delaware, Texas, or Florida Become the New New York?
New York has long been the cornerstone of global finance, particularly as the governing law for half of all hard-currency sovereign bond contracts. However, recent trends suggest that New York may be relinquishing its role as the world’s premier financial center. This shift opens the door for other states like Delaware, Texas, and Florida, which…