The Market: The Importance of the Yellen "Put" Sale

Treasury Secretary Janet Yellen sold a put last night via coordinated currency intervention, a key signal of future action. With over $900 billion in the TGA, Yellen will get what she wants.

Apr 18, 2024

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The Weight of the Evidence

The Market: The Importance of the Yellen "Put" Sale

Treasury Secretary Janet Yellen sold a put last night via coordinated currency intervention, a key signal of future action. With over $900 billion in the TGA, Yellen will get what she wants.

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