The Fund That Steadied Buenos Aires, Then Tokyo: Washington Rediscovers Intervention
The US Treasury's quiet ESF war chest is active again, moving from a peso lifeline in Buenos Aires to a euro-funded yen rescue in Tokyo. For Latin America, this new interventionism is a standing variable that can compress or inflate risk premia at will. The post The Fund That Steadied Buenos Aires, Then Tokyo: Washington Rediscovers Intervention appeared first on The Rio Times .
We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.
