Life at the Top

Life At The Top Chapter 1846

This kind of fluctuation was not obvious a

t the beginning, until…

“The US Dollar 20-year treasury bond has

matured and there has been a lot of

selling orders in the market!”

When the news reached Soros, he was

taken aback.

“National debt? Someone shorted the

United States national debt?”

The hair on Soros’ body stood up and he

immediately pulled up the trading chart o

f US Dollar treasury bonds.

As a wealth management product

operating on national credit, treasury

bonds also had a special market for

trading.

was very simple. If one used 100

to buy the United States’

and the national debt was due in

the United

to give them

principal and

interest rate in 10 years would

many people might not be able t o wait for the date of its redemption, so they could choose to sell the treasury bond at

was a

the fluctuation of the US Dollar exchange rate. Once the US Dollar depreciated, a large number of selling orders would appear in the market, which would cause the value of the United States

depreciated, it meant the decline

a

subprime mortgage crisis

this time, they chose t o dump a large number of treasury

Soros saw that the market had fallen by 5 percentage points, he was

seemed to have thought of something and immediately asked his men to pull up

just as he expected,

US Dollar was depreciating while

between the US Dollar and

put the dollar system into a dangerous situation and on the verge of

was so angry that his lips

damn JW Capital!

start a world war?” There was

to speak with Greenspaner, the chair of the

The Novel will be updated daily. Come back and continue reading tomorrow, everyone!

Comments ()

0/255