The 'debasement trade' returns after Bessent bond maneuver. Crypto and gold are back in style
- Posted on August 25, 2026
- By CNBC
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- 1 min read
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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.