/biz/ - Business & Finance

>>27714664
chinks let their 10 year rise from 2.5% to 3.2% and its causing some major problems in the corporate bond market but the CCP doesn't seem to give a fuck
its possible that they want their currency to strengthen now that the dollar is being run like a banana republic and china obviously wants to be at least the regional reserve currency for their new "Regional Comprehensive Economic Partnership"
the US might now feel the need to allow the dollar to strengthen too, to match the chink currency
the devaluation war might just turn into a revaluation war, if it does gold will drop but holy shit stocks and crypto might just go to zero, which might just end up pushing up gold because of massive fear