- Entry
- $398.58
- Now
- $376.62 -5.5%
- Target
- —
- Score
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I was watching this unfold this morning. Bessent announced the Treasury is doubling its buybacks, explicitly to keep the 10- and 30-year from running. The 10y dropped to 4.64% then bounced back to 4.67% while I was looking. The 30y sat around 5.21%. Gold went through $4,550 on the futures, spot near $4,544. The thing that bugs me is how many people are calling this money printing. It is not. The Fed is not even involved. A buyback is the …
— ORIGINAL POST ·
The Treasury just doubled bond buybacks to hold down the 10- and 30-year. Gold broke $4,550. Most of the money-printing takes have the mechanics backwards.
· r/investing
· Aug 19, 2026