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Treasury Yields Fall, Gold Rises On Bessent’s $1 Trillion Warning

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Treasury yields fell and the price of gold continued its recent rally Monday after Treasury Secretary Scott Bessent essentially warned investors not to bet against his ability to tame the government bond market. Following last week’s news that the Treasury will at least double its buybacks of long-term bonds, Bessent and his lieutenants signaled their readiness to deploy the nearly…

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