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Why Bessent’s Treasury operations have breathed life back into the gold trade

Gold is the reciprocal of the dollar and consensus among strategists is that Bessent’s yield curve control will have a detrimental impact on the U.S. currency

Why Bessent’s Treasury operations have breathed life back into the gold trade

Gold is the reciprocal of the dollar and consensus among strategists is that Bessent’s yield curve control will have a detrimental impact on the U.S. currency

Macro MarketWatch Aug 20, 2026

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