{
  "id": 2046957,
  "title": "Gold holds near $4,500 as US Treasury buyback sends bond yields lower",
  "url": "https://urgent.news/2026/08/20/gold-holds-near-4-500-as-us-treasury-buyback-sends-bond-yields-lower",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T00:28:17.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-holds-near-4500-us-treasury-buyback-sends-bond-yields-lower"
  },
  "original_language": "en",
  "account": "Gold traded near $4,500 an ounce after the U.S. Treasury Department announced a significant increase in buybacks of long-term government debt, aiming to lower borrowing costs. This move came following a surge in bond yields, which had reached multi-decade highs. The Treasury disclosed that it would increase the size of its liquidity support buyback operations by at least double for securities dated from 10- to 30-years, signaling greater official support for the U.S. Treasury market and potentially easier financial conditions. Lower borrowing costs lower the opportunity cost of holding gold, but further gains may be tempered by energy-led inflation pressure, as oil prices rose due to tensions in the Middle East.",
  "summary": "US Fed meeting minutes show concerns about US inflation deepening",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 12,
    "also_reported_by": [
      {
        "outlet": "Hindustan Times - World News",
        "title": "Why is Bitcoin rising after the US Treasury doubled bond buybacks? What it means for BTC, crypto and inflation",
        "url": "https://urgent.news/2026/08/19/why-is-bitcoin-rising-after-the-us-treasury-doubled-bond-buybacks",
        "published": "2026-08-19T18:23:42.000Z"
      },
      {
        "outlet": "The Block",
        "title": "Bitcoin hits $69,000, ether jumps 10% as Treasury buybacks, SEC crypto proposal fuel market rally",
        "url": "https://urgent.news/2026/08/19/bitcoin-hits-69-000-ether-jumps-10-as-treasury-buybacks-sec-crypto",
        "published": "2026-08-19T19:05:42.000Z"
      },
      {
        "outlet": "The Hill",
        "title": "Treasury Department to double debt buybacks after bond yield spike",
        "url": "https://urgent.news/2026/08/19/treasury-department-to-double-debt-buybacks-after-bond-yield-spike",
        "published": "2026-08-19T19:33:26.000Z"
      },
      {
        "outlet": "The National Business",
        "title": "US Treasury moves to ease bond market pressure as Fed wrestles with rate rises",
        "url": "https://urgent.news/2026/08/19/us-treasury-moves-to-ease-bond-market-pressure-as-fed-wrestles-with",
        "published": "2026-08-19T20:26:47.000Z"
      },
      {
        "outlet": "Qatar Tribune Business",
        "title": "US stocks gain as Treasury moves to shore up bond market",
        "url": "https://urgent.news/2026/08/19/us-stocks-gain-as-treasury-moves-to-shore-up-bond-market",
        "published": "2026-08-19T21:00:00.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Gold surges to highest since May as U.S. Treasury to ramp up bond buybacks",
        "url": "https://urgent.news/2026/08/19/gold-surges-to-highest-since-may-as-u-s-treasury-to-ramp-up-bond",
        "published": "2026-08-19T21:50:09.000Z"
      },
      {
        "outlet": "RTHK News - Finance",
        "title": "Stocks waver as US Treasury moves to lower bond yields",
        "url": "https://urgent.news/2026/08/19/stocks-waver-as-us-treasury-moves-to-lower-bond-yields",
        "published": "2026-08-19T22:36:31.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Dollar hugs three-month lows as Treasury seeks to sooth the bond market",
        "url": "https://urgent.news/2026/08/20/dollar-hugs-three-month-lows-as-treasury-seeks-to-sooth-the-bond",
        "published": "2026-08-20T01:01:13.000Z"
      },
      {
        "outlet": "CNA - Business",
        "title": "Asian stocks rally as US Treasury steps in to ease bond fears",
        "url": "https://urgent.news/2026/08/20/asian-stocks-rally-as-us-treasury-steps-in-to-ease-bond-fears",
        "published": "2026-08-20T02:49:00.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Dollar hugs three-month lows as Treasury seeks to sooth the bond market",
        "url": "https://urgent.news/2026/08/20/dollar-hugs-three-month-lows-as-treasury-seeks-to-sooth-the-bond-2061104",
        "published": "2026-08-20T02:51:22.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Asian stocks rally as US Treasury steps in to ease bond fears",
        "url": "https://urgent.news/2026/08/20/asian-stocks-rally-as-us-treasury-steps-in-to-ease-bond-fears-2066775",
        "published": "2026-08-20T03:14:55.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}