Treasury Yields Fall, Gold Jumps On Bessent Buyback Plan; GDX Flashes Buy Signal

Published: 2026-08-21

Treasury Yields Fall, Gold Jumps On Bessent Buyback Plan; GDX Flashes Buy Signal
Long-term Treasury yields fell on Wednesday after the Trump administration doubled down — at a minimum — on debt buyback operations. The initial impact on bonds wasn't quite dramatic, with the 10-year Treasury yield falling 5 basis points on Wednesday. But the move lit a fire under the gold price and the VanEck Gold Miners ETF (GDX). The open-ended nature… Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

Originally sourced from Yahoo

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