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Dollar Slides to Three-Month Lows as Treasury Steps In to Cool Bond Market

By Trader Edge at 2026-08-20 05:32

Sentiment: Negative

TLDR The U.S. dollar index fell to around 98.80, its lowest level since late May The Treasury announced it would double bond buyback operations to $4 billion per operation for longer-dated bonds The 30-year Treasury yield dropped from a 19-year high of 5.337% to around 5.18% following the move The Japanese yen pulled back from [...] The post Dollar Slides to Three-Month Lows as Treasury Steps In to Cool Bond Market appeared first on CoinCentral. Continue reading...

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