Dollar trading near multi-month lows, restrained by debt nerves - Reuters
Dollar trading near multi-month lows, restrained by debt nerves - Reuters
Source: Reuters
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DW NOTE
The dollar is trading near multi-month lows while the deficit is running at 6% of GDP and the Fed holds rates at 3.5–3.75%. The bond market is pricing a currency managed by people who think you can borrow a fifth of your budget indefinitely without consequence.