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THE ERA OF THE US DOLLAR ENDING? US bond yields hit multi-year highs amid market pressure. Treasury Sec. Bessent announced at least doubling buybacks of 10-30yr Treasurie The scale is very small. Doubling the buybacks to about 4 billion dollars per operation is tiny next to a 30 trillion dollar Treasury market and ongoing large deficits. It can create a short-term boost in demand but does not remove enough supply to keep yields lower for long.#FOMC9To3Split #BTCBreaks69000 #XiaomiQ2Earnings