Monetary Policy

Treasury Secretary Scott Bessent announced during the week of August 17–21 that the Treasury would at least double liquidity-support buybacks of 10- to 30-year debt from $2 billion to at least $4 billion per operation, starting September 9. The intervention came after the 30-year yield touched a 19-

Bitcoin gained more than 20% over the past week and approached $80,000, supported by changing conditions in the US bond market and renewed investor demand. The cryptocurrency opened above $77,500 on Monday, 24 August, after reaching around $79,500 on Friday. The US Treasury Department announced it w

Ether, the world's second-largest cryptocurrency, climbed 31% from trough to peak last week and approached the April monthly high of $2,464.54, erasing roughly four months of losses. The rally was triggered by the U.S. Treasury Department's announcement on Aug. 19 that it would at least double the s

According to multiple strategists, U.S. Treasury yields face mounting pressure heading into Fed Chair Kevin Warsh's speech at the Jackson Hole economic symposium on Friday. The 30-year Treasury yield has surged to its highest level since 2007, despite Treasury Secretary Scott Bessent's

Deutsche Bank's foreign exchange research head George Saravelos issued a report on the 23rd (local time) characterizing US Treasury buybacks and the Foreign and International Monetary Authorities (FIMA) repo facility as financial repression policies. Saravelos stated both mechanisms aim to

The crypto market will see a series of key U.S. economic data releases this week: on Wednesday, the July Personal Consumption Expenditures (PCE) Price Index (forecast to increase 0.1% month over month and 3.6% year over year) and the annualized Q2 GDP growth rate will be released, while Fed Chair Kevin Warsh will also deliver a speech at the Jackson Hole symposium that day; on Thursday, initial jobless claims for the week ending August 22 will be released. This Week’s Key Economic Data Release C

Robert Kiyosaki criticized the US dollar after the Treasury announced it will increase the maximum size of liquidity-support buybacks for 10- to 20-year and 20- to 30-year government debt from $2 billion to at least $4 billion per operation, effective Sept. 9 and scheduled to remain in place

According to ChainCatcher, Robert Kiyosaki, author of "Rich Dad Poor Dad," warned on X that the U.S. Federal Reserve's new quantitative easing policy could erode the U.S. dollar's purchasing power and further increase inflation risk. Kiyosaki stated that those holding cash savings in dollars face th

The US Treasury's expansion of long-term bond buybacks triggered a sharp dollar decline last week, with market participants interpreting the move as financial repression aimed at suppressing long-term Treasury yields. Following the Treasury's announcement on May 19 local time, gold futures climbed o

Rich Dad Poor Dad author Robert Kiyosaki characterized expanded U.S. Treasury debt buybacks as quantitative easing in an Aug. 22 post on X, urging followers to favor bitcoin, gold, silver, and certain real estate. The statement followed Treasury's Aug. 19 announcement that doubled certain

According to the US Treasury, the agency announced on August 19 that it would at least double its long-term bond buyback operations from $2 billion to a minimum of $4 billion per operation across 10-to-30-year securities, effective September 9. Lower long-duration yields from the buyback expansion p

According to BlockBeats, on August 22, the U.S. Department of Treasury expanded its long-duration debt buyback program, causing the 30-year Treasury yield to decline from a 19-year high of 5.34% to approximately 5.19%. Bitcoin surged about 25% within days, briefly breaking through $79,000, with appr

Grayscale Head of Research Zach Pandl identified Ethereum, Solana and BNB Chain as potential beneficiaries of proposed U.S. fundraising rules in an Aug. 19 analysis. The assessment connects the Securities and Exchange Commission's Regulation Crypto Assets proposal with investor focus on

US Treasury Secretary Scott Bessent announced on May 20 (local time) that the Treasury's long-term bond buyback program will expand to a minimum of $4 billion per operation, doubling the previous $2 billion level set just one day earlier on May 19. The move aims to suppress rising long-term

US Treasury prices fell for a second consecutive day on August 21, with short-term securities showing slightly more weakness, resulting in a bear flattening of the yield curve. The 10-year Treasury yield rose 4.00 basis points

Mark Connors, Chief Investment Officer at Risk Dimensions, stated that expanding the US Treasury Department's bond repurchase program could help Bitcoin reach its target level sooner in the current market cycle. According to the macroeconomics analyst, Treasury actions that reduce pressure on long-t

The US Treasury doubled certain long-dated bond buybacks this week, and Bitcoin rose more than 23% toward $79,000 while Ether crossed $2,400. The Treasury's move to at least double buyback operations for 10- to 20-year and 20- to 30-year coupons added liquidity to markets without technically

On Aug. 18, 2026, data from the U.S. Treasury showed that the federal government's total outstanding public debt had reached $40.05 trillion. This marked the first time U.S. Treasury debt had surpassed the $40 trillion threshold. From first reaching $1 trillion in 1981 to $40 trillion today, U.S. debt expanded 40-fold over 45 years. The most recent $1 trillion increase—from $39 trillion to $40 trillion—took less than five months. Surpassing a round-number debt threshold does not itself constitut