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Treasure Yields Fall, Gold Rises On Bessent's $1 Trillion Warning

The 10-year Treasury yield fell and gold rallied as the department may use its general account to buy bonds, a form of quantitative easing.

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The 10-year Treasury yield fell and gold rallied as the department may use its general account to buy bonds, a form of quantitative easing.

Gold surges past $4,500/oz after the US Treasury doubles buyback operations for long-dated bonds, raising concerns about dollar weakness and