{
  "id": 2049437,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T01:01:13.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economy-news/dollar-hugs-threemonth-lows-as-treasury-seeks-to-sooth-the-bond-market-4868503"
  },
  "original_language": "en",
  "account": "The U.S. dollar experienced a significant drop on Thursday, reaching near three-month lows due to measures unveiled by the U.S. Treasury Department to stabilize the bond market. The Treasury announced plans to double liquidity support buyback operations for longer-dated bonds, which led to the 30-year Treasury yield reaching a 19-year high of 5.337%. This move was aimed at counteracting the steep bond selloff that pushed long-end yields to their highest levels since 2007. Analysts noted that the Treasury's actions, while not formal quantitative easing or yield curve control, signaled Washington's readiness to mitigate rising term premia. Brian Jacobsen, a chief economic strategist, emphasized that although the Federal Reserve cannot impact long-term rates, the Treasury's move to issue more short-term debt reflects the current era of fiscal dominance and modern monetization. The Japanese yen strengthened against the dollar, reaching 158.32 per dollar, while the British pound and Swiss franc also showed movement, with sterling at $1.3603 and the Swiss franc near a two-month high.",
  "summary": null,
  "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": "The Business Times - Companies & Markets",
        "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",
        "published": "2026-08-20T00:28:17.000Z"
      },
      {
        "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."
}