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@ChineseWSJ: US Treasury Secretary Bessent's latest efforts to control US long-term Treasury yields collapsed after just one day. 'It's like putting down a few sandbags after the flood has already broken out.' Some investors have begun to question whether they should consider selling some bonds in their portfolios and investing in other asset classes like gold or Bitcoin.

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US Treasury Secretary Bessent's efforts to control long-term Treasury yields failed within a day, prompting investors to consider shifting to gold or Bitcoin.

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