A flight from a dollar can destroy America’s finances

ANDN 1990. Japan The worst days of the market crisis caused “triple yu“Loss: a decline in the stock market, an increase in bond yield and a decreasing currency. It is now that America must bear this harmful combination. Although the president Donald Trump Tariff pause provided a short respite, triple yu An unwanted return contributed. Recently, the most disturbing were movements in bond and currency markets. In total, from April 1, the dollar dropped by more than 4% compared to the basket of main currencies, at the same time, as the profitability of ten -year tax bonds increased by 0.3 percentage points (see chart).