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US Stocks and Gold Surge as Treasury Yields Slump on Debt Buyback Plan

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

News Summary

  • US equity indexes rose alongside precious metals and crude oil after the US Treasury announced it would double buybacks of long-dated government debt.
  • The move drove Treasury yields lower across maturities, boosting risk appetite and lifting major benchmarks.
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4382.40 -5.07% over the displayed period

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