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Stocks Fall, Bonds Come Back to Earth as Rally Fizzles Out
Posted
August 20, 2026
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2:39Now PlayingUS bonds unwound all of the gains that followed Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt. The moves pushed the 30-year yield on Thursday back to levels seen just before the Treasury’s announcement a day prior. Ira Jersey of Bloomberg Intelligence has more.
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