The US Treasury Department unexpectedly doubles the scale of long-term government bond repurchases, driving gold prices up sharply
2026-08-19 22:03:01
According to CoinMeta, the U.S. Treasury Department announced an increase in the scale of long-term government bond repurchases from $15 billion to $30 billion, a move that triggered a violent reaction in the market, leading to a decline in yields, a depreciation of the dollar, and a surge in gold prices. The Treasury Department stated that these repurchases will take effect on September 9, 2026, and will continue until the end of the quarterly repurchase period on November 4. The market reacted swiftly, with the yield on 30-year government bonds falling by 6 basis points in an instant, and stock index futures also rose accordingly.
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Source:Internet
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