Stocks waver, dollar drops as US Treasury moves to lower bond yields

US stock markets rose and the dollar fell after the US Treasury announced plans to increase bond buybacks to lower long-term yields. The move aims to ease economic growth concerns amid ongoing global inflation and geopolitical tensions.
Why it matters
Government intervention in bond markets is a critical signal for investors regarding the future of interest rates and economic stability.
Specialist Gregg Maloney works on the floor of the New York Stock Exchange, Monday, Aug 17, 2026, in New York. (Photo: AP/Yuki Iwamura)
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