The 'debasement trade' returns after Bessent bond maneuver. Crypto and gold are back in style

Stocks CNBC By CNBC 25 Aug 2026 15:16 1 min read
The 'debasement trade' returns after Bessent bond maneuver. Crypto and gold are back in style

Concern over the size and the cost of U.S. government spending has given new life to the debasement trade.

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