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Bloomberg

Scott Bessent Is Moving Markets Everywhere, With a Lot at Stake

Thursday, August 20, 2026


Treasury Secretary Scott Bessent announced a bond buyback program in 2026. Currency markets, gold prices, and Bitcoin prices moved following the announcement. The specific magnitude and direction of these market movements were not detailed in available reporting.

Original reporting: https://www.bloomberg.com/news/newsletters/2026-08-20/scott-bessent-is-moving-markets-everywhere-with-a-lot-at-stake

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