ESF (1) 썸네일형 리스트형 The Other Half of the Yen Intervention: Inside the Exchange Stabilization Fund Japan's US Treasury holdings created a structural bottleneck for any Yen-supporting intervention: to buy Yen, authorities need Dollars, and the traditional way to raise them — selling US Treasuries on the open market — risks spiking US bond yields and drawing political friction with Washington. A previous post covered how the FIMA Repo Facility solved half of this problem. This post looks at the.. 이전 1 다음
