Treasury Doubles Bond Buyback to $4B as Gold Surges 7% in Five Days
The US Treasury doubled its bond buyback program to $4 billion on August 19, prompting gold traders to increase bullish options positions as the metal surged over 7% in five days to near $4,700 per ounce. The expanded buyback program aims to smooth market functioning and manage long-term yields by p
GateMacroTradfiHub·08-30 16:43
