Not fazed by 0% interest rates, money is headed to the U.S., with foreign bank deposits at the...

|By:, SA News Editor

Not fazed by 0% interest rates, money is headed to the U.S., with foreign bank deposits at the Fed more than doubling to $715B from $350 at 2010's end. "There's not anything close to a substitute and part of it is the deepness of the market, the liquidity," says a fund manager. "There's a perception, right or wrong, that we're going to make good on all our assets."