Buyer mentality takes charge of the Treasury! Bessent leverages the euro and reveals his notebook to reconstruct the U.S. exchange rate intervention strategy using hedge fund methods.
Besant wanted to help Japan bolster its currency. Therefore, he decided to let the media "sneak a peek" at his notebook, in which one of the to-do items was boldly written: purchase up to 10 billion dollars' worth of yen.
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