What’s happening: Dollar sold off broadly Wednesday after Treasury announced it will at least double its long-dated debt buyback operations, from $2bn to at least $4bn, starting September 9, pulling the 30-year Treasury yield back below 5.20% from above 5.33% earlier in the week and stripping away Dollar’s recent yield support. Why it matters: The […]
The post Dollar Slides on Treasury Buybacks — Can Fed Minutes Bring the Hawks Back? appeared first on ActionForex.
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