Earthquake Shakes Dollar

Earthquake Shakes Dollar: "But, as Japanese demand for new debt drops and the supply of outstanding debt being offered for sale increases, that will inevitably result in much higher interest rates for U.S. Treasury debt. The higher interest rates go hand in hand with a lower value for the U.S. dollar. The dollar was already near a multi-year low before this disaster. The catastrophe will almost certainly accelerate the further decline of the value of U.S. currency."