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الاقتصادية
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Biden's bond moves impact global currency outlook
The article highlights the U.S. Treasury Department's attempt to curb long-term bond yields through measures such as debt buybacks, at a time when inflation and fiscal deficits are rising, and demand for financing is increasing in sectors like artificial intelligence. Despite the Treasury's efforts, the rising yields remain a pressure on the U.S. dollar and stock markets, while gold and Bitcoin continue to rise as symbols of eroding currency value. Cryptocurrencies and precious metals are seen as hedges against the deterioration of the U.S. dollar amid international competition for capital and funding, alongside ongoing challenges related to rising borrowing costs and their impact on the economy and government budget.
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