The $4 billion bond buyback aimed at lowering Treasury yields instead coincided with a sharp rise in bitcoin.
Bessent’s $4 billion bond buyback initiative did not achieve its intended effect of reducing Treasury yields. Instead, the effort coincided with a notable surge in bitcoin prices.
Further verified details on the broader market impact were not immediately available.
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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