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Treasury Buybacks Spark Massive Rallies in Gold, Crypto, and Stocks

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Treasury bond buybacks triggered sharp yield drops, lifting equities, precious metals, and cryptocurrencies.
  • Gold broke above $4,500, crypto rallied on regulatory optimism, and crude oil gained amid Middle East tensions.
  • Meanwhile, Wall Street analysts issued several ratings, including a Buy initiation for Alphabet.
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XAUUSD price history

4321.60 -9.20% over the displayed period

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