TEHRAN — When the US Treasury announced on August 20 it would increase buybacks of long-dated bonds, the financial world should have been alarmed. Instead, markets reacted with the only rational response: they sold the dollar.
TEHRAN — When the US Treasury announced on August 20 it would increase buybacks of long-dated bonds, the financial world should have been alarmed. Instead, markets reacted with the only rational response: they sold the dollar.
