Bessent Is Trying To Defuse A $2 Trillion Yen Bomb (SPX)
· seekingalpha.com
Recent coordinated interventions have strengthened the yen, unwinding a $2 trillion+ carry trade. Read how the move may elevate market risk.
Treasury Secretary Scott Bessent recently said in a speech that investors would be advised not to bet against him, as “ he is the house now,” adding that on...