August 21, 2026
Bond Yields Jump Dollar Slips Bitcoin And Gold Rally Together
Despite the US Treasury’s expanded bond buyback plan, long-term yields climbed again and the dollar weakened, creating a rare backdrop where both risk assets and classic havens rallied. Bitcoin broke above $77,000 on liquidity hopes and a friendlier US regulatory tone, while gold gained as investors reacted to a softer dollar and ongoing bond market stress.