RWA Bessent’s plan to expand US Treasury buybacks has been criticized as risky, potentially leading to a Japan-style currency depreciation for the US. This move could have significant implications for global financial markets and the dollar’s status.
Bessent’s plan to expand US Treasury buybacks has been criticized as risky, potentially leading to a Japan-style currency depreciation for the US. This move could have significant implications for global financial markets and the dollar’s status.