BRICS: Japan Dumps $63 Billion Worth U.S. Bonds
watcher.guru
The Central Bank of Japan is following the footsteps of BRICS and dumped $63 billion worth of U.S. and European sovereign bonds.
  • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
    2·
    7 days ago

    It’s because people are expecting US to start cutting rates at some point like the other countries have been, and since the rates are currently high it makes the dollar relatively stronger.