Inflation Surge Puts $3.5 Trillion Of Asia’s Money In Peril
Federal Reserve Chairman Jerome Powell testifies during the House Financial Services Committee … [+] hearing on December 1, 2021. Tom Williams/CQ-Roll Call, Inc via Getty Images Investors in U.S. Treasuries are racking up some of the biggest losses since Paul Volcker’s day four decades ago. Yet they now have a bigger worry: how Asia responds. …
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