Governments trying to reassure markets through currency interventions and bond buybacks (https://www.marketwatch.com/story/governments-keep-trying-to-calm-global-markets-why-that-should-worry-investors-e7f93d62?mod=mw_rss_topstories). It's not the action itself—it's what it reveals. When policymakers are on defense, the market's already moved.

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