Brent Breaks $94, Global Yields Push Higher — but Dollar Refuses to Follow
Brent crude broke above $94 and WTI through $87 today, both fresh highs since late July, after Trump threatened "TREMENDOUS Economic Consequences" against countries helping Iran evade sanctions. That oil breakout is dragging global bond yields higher again, US 10-year toward 4.70%, 30-year toward 5.24%, clawing back much of Wednesday's Treasury-buyback-driven decline, with German, UK and Canadian yields rising too.
Trump Sparks Crypto Acceleration as Treasury Buybacks Add Fuel to Bitcoin and Ethereum
Bitcoin and Ethereum have surged over 14% and 22% this week, respectively, as falling real yields from the Treasury buyback shock combine with Trump's renewed crypto policy push — turning a macro rebound into a more powerful, crypto-specific acceleration.
Gold $5,000 Comes Into View as Dollar and Yields Break Down on Treasury Buybacks
Gold surged 3.7% to $4,495 after a Treasury buyback shock sent long-end yields and the Dollar tumbling — a real-yield move that survived hawkish FOMC minutes and now puts a break above $4,600 within reach of $5,000.
Dollar Slides on Treasury Buybacks — Can Fed Minutes Bring the Hawks Back?
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...
