๐ธ US Dollars Shield Japan Debt
The US is printing dollars to stop Japan from dumping $1.4 trillion in US debt.
US-Japan interventions have so far failed to save the yen.
Finance Minister Scott Bessent is warning the Federal Reserve to expand FIMA for Japan, or the yen will collapse and drag down the Treasury market.
FIMA repo lets foreign central banks raise dollars by selling US Treasuries to the Federal Reserve and agreeing to buy them back.
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@futures
๐ธ US Dollars Shield Japan Debt The US is printing dollars to stop Japan from dumping $1.
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