GLD jumps 3% as Treasury doubles long-dated buybacks
SPDR Gold Shares (GLD) surged 3% after the U.S. Treasury unexpectedly doubled long-dated bond buybacks to at least $4 billion per operation, pushing yields and the dollar lower.
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SPDR Gold Shares (GLD) surged 3% after the U.S. Treasury unexpectedly doubled long-dated bond buybacks to at least $4 billion per operation, pushing yields and the dollar lower.