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Dollar Plunges Amid Debt Concerns and Treasury Buyback Move

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USD
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The US dollar is trading near multi-month lows due to concerns about debt and the possibility of the US trying to hold down yields.

Last week, the US Treasury announced it would double long-end buybacks to $4 billion after 30-year yields hit two-decade highs.

This move has spooked traders and hit the dollar, with some analysts believing it's a signal of debasement.

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