Dollar languishes at 3-month lows as sovereign debt doubts overshadow buybacks - Investing.com India
Dollar languishes at 3-month lows as sovereign debt doubts overshadow buybacks - Investing.com India
Source: Investing.com India
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DW NOTE
The dollar hits a three-month low while the Treasury announces buybacks. That's the tell: sovereign debt now trades like distressed paper. When a government has to prop up its own bond market while running a $1.9 trillion deficit, the currency isn't under pressure — it's repricing to reflect the underlying insolvency.