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Bessent Ramps Up Treasury Buybacks to Crush Yields and Weaken Dollar

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

News Summary

  • US Treasury Secretary Scott Bessent escalated market interventions by doubling long-term debt buybacks and actively supporting the yen, intentionally driving down Treasury yields and weakening the US dollar to ease national borrowing costs.
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USDJPY price history

153.55 -1.15% over the displayed period

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