The US Treasury expanded the maximum size of its buyback operations from $2 billion to at least $4 billion per auction for 10- to 30-year bonds, effective September 9. Robert Kiyosaki called this move another round of disguised quantitative easing, arguing it amounts to creating more fake dollars. Officials described the expansion as a liquidity measure aimed at easing pressure on the long end of the yield curve, rather than formal monetary easing. The dollar weakened toward three-month lows while gold, silver, and Bitcoin attracted fresh buying interest. US national debt has surpassed the $40 trillion mark.
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