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The Wrong Message: Treasury Buyback Juices Debasement Trade, Boosts Gold and Silver artwork
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The Wrong Message: Treasury Buyback Juices Debasement Trade, Boosts Gold and Silver

Money Metals' Weekly Market Wrap on iTunes by Money Metals Exchange

Aug 26, 202636:28Business

Last week, Treasury Secretary Scott Bessent announced plans to buy back long-dated Treasuries to lower yields. The markets got a different message. The Treasury move reignited the debasement trade and sent both gold and...