Treasury buybacks drag yields lower; gold, miners rally
The Treasury’s decision to at least double long-dated debt buybacks pushed benchmark yields lower, weakened the dollar to its lowest since late May and lifted gold-related assets.
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GLD Spot gold jumps more than 1% after US Fed rate decision, last up 1.2% at $4,074.81/oz
GLD Spot gold jumps more than 1% after US Fed rate decision, last up 1.2% at $4,074.81/oz