Dollar Sinks As Investors Flock To Gold, Crypto After Scott Bessent’s Treasury Buyback

The DXY dollar index fell to 98.6630 on Friday, down 0.23% from the previous session, bringing its decline over the past month to 2.43%. The dollar’s weakness follows the Treasury Department’s decision to at least double its purchases of longer-dated government bonds, a move that initially triggered a selloff in the cu

"Markets are primed for Dollar debasement to resume and — as Japan shows — it can be next to impossible to stabilize a currency once it enters a devaluation spiral."

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Dollar Could Remain Weak After Treasury’s Buyback Announcement  WSJ

The dollar slipped on Friday and was set to end a bumpy week lower, as investors questioned whether the U.S. Treasury’s efforts to calm the bond markets might end up undermining confidence in the currency.

Dollar wobbles as Treasury's bond market buybacks raise fresh concerns  Reuters

Long-term US Treasury yields climbed back above where they stood before Wednesday's buyback announcement, wiping out the relief that move had briefly delivered, and prompting US Treasury Secretary Scott Bessent to signal that Washington is ready to intervene even more aggressively.

Concerns over the Treasury Department's debt repurchase program continue to weigh on markets.

Aug 21 : The dollar slipped on Friday and was set to end a bumpy week lower, as investors questioned whether the U.S. Treasury's efforts to calm the bond markets might end up undermining confidence in the currency.Those concerns pushed the euro up 0.13 per cent to $1.1694, on course for its fourth consecutive weekly ga

Bitcoin closed at US$73,033, up 5.44%, after a US Treasury buyback plan and a short squeeze. Here is the Latin America read on the rally.

Welcome back to the City AM liveblog. The FTSE 100 is set to open slightly higher after fresh research showed consumer confidence has risen to its highest level in nearly two years. The GfK consumer confidence index – which polls households on the way they view their finances and economic outlook – jumped three points…

U.S. bond yields are rarely a burning issue with the general public. But that’s changed this week as a spike in yields has hit the front pages and TV newscasts. Yields on 30-year U.S. Treasury bonds hit their highest point in almost two decades on Tuesday. The rise prompted Treasury Secretary Scott Bessent to step in w

America’s debt problem was built over decades by both parties. But this administration’s policies and choices have added to it substantially.

The trajectory for US public finances continues to head in the wrong direction.

The prices of major cryptocurrencies, including Bitcoin, Ethereum, and XRP, are surging today. The upward movement is being cheered by investors in the digital tokens, which have, until recently, experienced a pretty horrendous 2026. But over the last 24 hours, things have finally begun to turn around. As of the time

European shares have opened lower after an advance in Asia, where South Korea’s benchmark Kospi gained nearly 6%

Asian shares gain, with South Korea's Kospi up 6%, after the US Treasury expands its debt buybacks  Toronto Star

Shares are mostly higher in Asia, with South Korea’s benchmark Kospi rebounding more than 6%

Asian shares gain, with South Korea's Kospi up 6%, after the US Treasury expands its debt buybacks  AP News

Treasury Secretary Scott Bessent announced Wednesday that the Treasury Department would at least double the size of its government debt buyback operations as the Trump administration seeks to contain rising borrowing costs. The Treasury said it will increase the maximum size of its buyback operations for longer-dated n

Bitcoin rises after the US Treasury doubles bond buybacks. Lower yields, a weaker dollar and liquidity hopes boost BTC, crypto and gold amid inflation fears.

BondsGovernment to repurchase more long-dated bonds to boost market liquidityThe U.S. Treasury Department said it would temporarily raise the upper limit for debt buyback operations. © ReutersIORI KAWATE and HIROFUMI TAKEUCHIAugust 20, 2026 01:20 JSTWASHINGTON/NEW YORK -- The U.S. Treasury will at least double the uppe

Yields, at recent highs this week, dropped after treasury’s vow to ‘provide greater liquidity support’ to bond market The US treasury is doubling its buyback of government debt in an effort to balance out the bond market and counterbalance investor concern over high inflation. The yield rate on 10-year, 20-year and 30-

Inflation accelerated to 2.9 per cent in July following the increase to the energy price cap, according to figures from the Office for National Statistics.

Woman Accused Of Plotting To Kill Treasury Secretary Scott Bessent Learns Her Fate  HuffPost