Bessent’s bond-buyback plan fails to curb Treasury yields. Here's what it means for bitcoin and gold
- Treasury Secretary Scott Bessent doubled the maximum size of certain long-term bond buybacks to at least $4 billion per operation, but Treasury yields remained near multiyear highs.
- Bitcoin and gold rallied as investors interpreted the move as a sign that officials may pursue more aggressive measures to ease liquidity and manage rising federal borrowing costs.
- Persistent debt, deficit and inflation concerns could limit the buyback program’s effect on yields while strengthening demand for scarce assets viewed as hedges against currency debasement.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Cathie Wood says smart investors need to start watching where AI agents spend money
U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
Crypto job postings triple to over 1,200 in September, but applications fall
Cathie Wood says smart investors need to start watching where AI agents spend money
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