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US Treasury Secretary Bessent framed an expansion of Treasury buybacks as a step to cool an overheated bond market and restore balance, while Brent rose 0.95% to $97.92 a barrel on Middle East tension and supply concerns, per a Korea Center for International Finance report dated the 9th. Buybacks work through the duration and liquidity channel, absorbing long-end supply pressure, but crude near $100 pushes the other way by lifting headline inflation expectations and delaying the rate-cut path that risk assets including BTC and ETH have been pricing. The stress signal is global: UK 30-year gilt issuance cleared at roughly the highest yield in about 30 years, so the confirmation to watch is whether long-end term premium keeps widening across the US, UK and other majors even as China's sharp August export gain supports the growth side.
As a Macro signal, watch whether it changes price action, volatility, or flows around BZ=F, CL=F, BTC.
Original Source: 토큰포스트
This page is market information analysis, not investment advice.
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