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Bitcoin and Gold Rally Amid US Treasury Bond Market Intervention

Bitcoin and gold prices surged following a move by the US Treasury that shook bond markets, leading investors to question the stability of traditional assets. This intervention has sparked debate about the future of the bond market and its implications for other investments.

22 Aug, 13:00 — 22 Aug, 14:07
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The Story

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Sources

Showing 7 of 10 sources
APVery High1d ago

How bitcoin and gold went from a slump to an MVP week in just a few days - AP News

How bitcoin and gold went from a slump to an MVP week in just a few days  AP News

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bloombergHigh1d ago

Bond Market Tests Limits of Treasury Intervention

Joining Bloomberg This Weekend is Bloomberg Radio host of "Masters in Business" Barry Ritholtz and he tells hosts David Gura and Christina Ruffini that Treasury Secretary Scott Bessent’s bond-market moves may provide short-term relief but cannot override persistent inflation, rising debt and the forces setting long-term yields. (Source: Bloomberg)

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globe-and-mailHigh1d ago

How bitcoin and gold went from a slump to an MVP week in just a few days

Both get a boost from some frantic action surrounding the bond market

By Michelle Chapman

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marketwatchMostly Factual1d ago

Why an announcement from the Treasury sparked a rally in gold and bitcoin this week

Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.

By Christine Idzelis

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morningstar1d ago

Why an announcement from the Treasury sparked a rally in gold and bitcoin this week - Morningstar

Why an announcement from the Treasury sparked a rally in gold and bitcoin this week  Morningstar

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fortune1d ago

‘The U.S. is not the only game in town anymore’ — Treasury debt faces more competition from higher-yielding bonds overseas than in recent decades

Yields on U.K. bonds have reached 5.81%, and German bonds are also paying 3.76%, versus 5.27% for a comparable U.S. bond. It's a big reason U.S. rates have been drifting higher.

By Stan Choe, Christopher Rugaber, The Associated Press

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YahooMostly Factual1d ago

The U.S. Treasury's Bond Market Intervention Is a Nightmare Scenario for Fed Chair Kevin Warsh and the FOMC

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