The assassination of a Hamas leader in Tehran humiliated Iran’s leaders, dashed hopes of a ceasefire and left the heavily armed nations of the Middle East moving inexorably closer to an all-out war they all claim not to want
Warren Buffett and Berkshire Hathaway now own 4% of all T-Bills issued to the public…
Buffett has ~$277 Billion.
The Fed has $195 Billion.
Warren Buffett is now a larger holder of US Treasury Bills than the Federal Reserve.
The carry trade has generated positive returns over the years and it's become popular among individual investors. It works on the adage of buying low and selling high.
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everyone money carry traded with yen
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but the hike in interest on yen made all go haywire