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US dollar falls to lowest level since late May after Treasury doubles bond buybacks

Mint Markets · Finance · 2026-08-19

US dollar falls to lowest level since late May after Treasury doubles bond buybacks

The US dollar continues to decline, hitting multi-week lows as the Treasury doubles its debt buyback programme to stabilise the bond market. Yields have dropped amid heightened fiscal concerns and inflation, prompting a rally in longer-dated Treasuries. US dollar falls to lowest level since late May after Treasury doubles bond buybacks

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