The 'debasement trade' returns after Bessent bond maneuver. Crypto and gold are back in style
--------------------------------------------------------------------
Source: CNBC
Published: 2026-08-25 21:24 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Financial Markets, Tax & Budget, Trade & Sanctions, Commodities, Business & Economy
--------------------------------------------------------------------
Snippet:
The debasement trade is gaining new traction on Wall Street as concern over the size and cost of the budget deficit mounts.
--------------------------------------------------------------------