Finance

The U.S. Treasury Department announced plans to expand liquidity by doubling its sovereign bond buybacks for long-term government debt. While this move temporarily eased wild market swings and lowered the dollar, 10-year and 30-year Treasury yields continue to trade near their highest levels in over a decade.

Bitcoin climbed significantly to approach the $80,000 threshold, pacing toward its strongest weekly performance in over two years. The digital asset rally was catalyzed by short-seller liquidations, Treasury liquidity measures, and direct encouragement from President Trump for Congress to advance crypto-friendly legislation.

Gold futures rallied to a three-month high as a weaker U.S. dollar motivated investors to seek inflation hedges. Concurrently, Brent crude futures edged upward, positioning oil markets to lock in a second consecutive weekly gain amid escalating geopolitical tensions.