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Asian Shares Mixed Amid US Treasury's Debt Buyback Plan

Markets in a Mood Swing: What's Behind the Volatility? Market fluctuations have been intense over the past few days, sending even seasoned traders scrambling.

The US Treasury Department's attempt to calm markets through debt buybacks has had limited success, leading to mixed reactions from Asian shares.

The US Treasury's plan to expand government debt buybacks was designed to reduce government bond yields, which have risen due to concerns about high inflation partly caused by the war in Iran and rising US government debt.

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