Core Insights - Goldman Sachs indicates a rising preference among investors for euro financing, as evidenced by a key indicator measuring global currency demand [1] - Historically, investors have paid a premium for dollar financing in the cross-currency basis swap market, but this trend may be shifting [1] - Future analysis suggests that European Central Bank policies and savings-investment dynamics across the Atlantic will lead to a rise in the basis over time, potentially turning the dollar borrowing premium into a discount [1]