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Treasury's recent moves in the bond and currency markets add up to 'soft-form financial repression' - Fortune

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Treasury's recent moves in the bond and currency markets add up to 'soft-form financial repression' - Fortune
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What the report says

“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.”

Read the full report at Fortune →

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