Federal Reserve’s Trillion Dollar Debt-Buying Plan Eases Lending and Zaps the Greenback

While the U.S. Federal Reserve’s plan to buy more than $1 trillion in debt has helped unfreeze the credit markets, it has also effectively capped U.S. Treasury yields and undermined the dollar. And that’s caused commodities to soar as currency speculators and safe-haven investors head for higher ground. At the culmination…
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