Treasury buyback plans revive Bessent de-dollarization warnings
U.S. Treasury plans to double long-term bond buybacks have revived Treasury Secretary Scott Bessent’s past warnings about de-dollarization, gold demand and non-dollar oil settlement.
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U.S. Treasury plans to double long-term bond buybacks have revived Treasury Secretary Scott Bessent’s past warnings about de-dollarization, gold demand and non-dollar oil settlement.
Treasury Secretary Bessent says on CNBC that markets point to lower inflation in the future, the dollar has been stable, and the U.S. continues a strong dollar policy.
Bessent states that the U.S. dollar has been stable, according to TradeXchange Newsdesk, without providing magnitude, timing, or additional context.