The U.S. Department of the Treasury announced that it will at least double the scale of its long-term Treasury repo operations to ease tight market liquidity, and the three major U.S. stock indexes rebounded immediately, ending the previous three-day losing streak.
Analysts believe this move will help lower long-end U.S. Treasury yields and stabilize sentiment in the bond market. The yield curve for U.S. Treasuries is flattening, and the 30-year U.S. Treasury yield saw a single-day drop of as much as 10 basis points. The U.S. dollar index weakened in parallel, the yen rebounded, and gold surged more than 4% to trade above $4,500 per ounce. Bitcoin also returned above $69,000.
#美股 #美债 #黄金 $BTC $ETH
For informational purposes only and does not constitute investment advice.
Analysts believe this move will help lower long-end U.S. Treasury yields and stabilize sentiment in the bond market. The yield curve for U.S. Treasuries is flattening, and the 30-year U.S. Treasury yield saw a single-day drop of as much as 10 basis points. The U.S. dollar index weakened in parallel, the yen rebounded, and gold surged more than 4% to trade above $4,500 per ounce. Bitcoin also returned above $69,000.
#美股 #美债 #黄金 $BTC $ETH
For informational purposes only and does not constitute investment advice.