The Treasury’s recent moves in the bond and currency markets add up to ‘soft-form financial repression’ to lower debt costs, economist warns
- The Treasury: 4 events in the last 90 days
- Previous: earlier the same day · Traders bet bitcoin was stuck below $67,000. The Treasury blew that trade up in one afternoon
What happened
"If the market price of USTs is not 'allowed' to adjust down, the foreign exchange price of UST owned by foreign investors has to adjust via a weakening in the dollar."
Summary assembled by rule from the sources below
Timeline
- First appeared on FortuneFortune