The US dollar weakened to three-month lows on 2026-08-20 as the Treasury launched a bond buyback program to manage surging long-end yields. The intervention followed Fed minutes that flagged inflation concerns, providing temporary relief to the struggling yen.
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Dollar at three-month lows as Treasury seeks to rein in surging bond yields Reuters
- Treasury's bond buyback program caps long-end yields for now - Dollar struggles near multi-month lows, fragile yen gets respite - Minutes of Fed's last meeting flag inflation worries www.reuters.com/world/africa... The U.S. dollar stood at three-month lows on Thursday after the Treasury Department moved to calm a bond market rout that had pushed long-end yields to their highest since 2007, sapp
Dollar falls to three-month low as Treasury moves to soothe bond jitters - https://www.channelnewsasia.com/business/dollar-falls-three-month-low-treasury-moves-soothe-bond-jitters-6329866 LONDON, Aug 20 : The U.S. dollar was pinned near a three-month low on Thursday after the Treasury Department moved to calm a bond market selloff that had pushed long-end yields to their highest since 2007, liftin