Far from suggesting financial Armageddon, the US treasury secretary’s futile efforts to keep a lid on Treasury yields suggest that once again, the dollar is America’s currency but everyone else’s problem.

Paola Subacchi thinks the US treasury secretary’s efforts to move bond markets shows that the dollar remains everyone’s problem.

Far from suggesting financial Armageddon, the US treasury secretary’s futile efforts to keep a lid on Treasury yields suggest that once again, the dollar is America’s currency but…