Yen went on a free fall to a 24 year low yesterday. It is the third largest fiat currency in the world. Japan is also the largest holder of US treasuries.
Yen went on a free fall to a 24 year low yesterday. It is the third largest fiat currency in the world. Japan is also the largest holder of US treasuries.
The US Federal Reserve has an infinite appetite for Treasury Notes. And with rising interest rates, I-Bonds are already trading at a premium.