Sygnia flags “debasement trade” as US Treasury bond-market intervention lifts gold 15% - Bitget
Sygnia flags “debasement trade” as US Treasury bond-market intervention lifts gold 15% - Bitget
Source: Bitget
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DW NOTE
Sygnia calls it a "debasement trade" — the Fed is intervening in Treasuries to suppress yields while gold sits at $4,391, down 17% from January's $5,318 peak but still up 24% year-over-year. When central banks start naming the thing they're doing, it's because the market already knows.