Published Aug 20, 2026, 6:00 AM ET · Updated 3 months ago · 1 source

US Treasury implementing unprecedented yield curve control

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Original Report

The US Treasury's current actions, including printing money and intervening in markets through increased long-end buybacks, constitute an unprecedented form of yield curve control, especially with the S&P 500 at all-time highs. This strategy mirrors Japan's playbook and is expected to drive inflation and currency depreciation.