Gold and Bitcoin Surge on Treasury Bond Market Fight. Scarce Asset Owners Are This Market’s Big Winners
· finance.yahoo.com
Markets are increasingly being shaped by a tug-of-war between inflation, government borrowing, and the enormous pool of financial assets sitting on investors’ balance sheets. That tension became more visible after Treasury Secretary Scott Bessent stepped into the bond market last week, announcing it would at least double its liquidity-support purchases of longer-dated Treasury securities, from ... Gold and Bitcoin Surge on Treasury Bond Market Fight. Scarce Asset Owners Are This Market’s Big Win
Quick Read
Bessent doubled Treasury buybacks to $4 billion and may tap $950 billion from the TGA, sending gold up 7% to $4,730.
Bitcoin jumped 24% to nearly $...