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United States Department of the Treasury

Fed's policy shift shakes the dollar, but shouldn't crush it

latimesblogs.latimes.com | by Tom Petruno | Fri, Mar 20

On one hand, China and other foreign owners of U.S. Treasury bonds have a vested interest in the Fed's new gameplan: If it succeeds in pushing bond yields lower, the result will be to boost the value of outstanding Treasuries issued at higher fixed rates. That ought to make foreign investors w...

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