Economy
US Dollar Rebounds as Treasury Yields Rise
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THE BRIEF
1
The U.S. Dollar Index moved toward the 99.00 level on August 20, 2026, after failing to settle below the support range of 98.60 to 98.75.
2
Treasury Secretary Scott Bessent indicated that the Treasury may increase long-dated bond buybacks to over $4 billion per issue to manage market volatility.
3
Initial Jobless Claims data showed 206,000 Americans filed for unemployment benefits, falling below the analyst forecast of 210,000 for the week.