► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />The financial crisis has pushed down the yield on US bonds but people still buy them. Eswar Prasad, professor of economics at Cornell University, tells John Authers why there is no alternative to holding dollar debt when safety is paramount.<br /><br />► FirstFT : http://bit.ly/1TK237l<br /><br />► Authers’ Note: http://bit.ly/1Liu16x <br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes