Gold and Bitcoin Surge as U.S. Bond Buybacks Surprise Markets

Gold and Bitcoin surged after the U.S. Treasury announced it would double the size of its long-term bond buybacks from $2 billion to at least $4 billion per operation. This was important because the move pushed bond prices higher and weakened the U.S. dollar.

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Source: Action Forex

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Category Forex

Source Action Forex

Published 4 weeks ago

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News ID #9,643

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