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China Pushes Yuan Aggressively Higher As Corporate Bonds Implode
Market Depth
The C FETs Exchange Rate and the You On
Pangolin shang a party nobody was shoved into this role at this particular moment. He can do this because currency is on fire and they need to mitigate that risk immediately. That's why he is there. One of many examples was the perfect example of him in action. But we also need to take into account the you on as measured by the C FETs exchange rate.
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