Crypto shares climb after Treasury’s doubled buybacks boost risk assets

Cryptocurrency-linked equities climbed on Thursday following a combination of Treasury Department actions and political developments supporting the sector. The U.S. Treasury announced it would double buyback sizes for long-duration debt instruments, a move taken after a significant bond selloff had driven the 30-year Treasury yield to levels unseen since 2007. While analysts noted the intervention offered modest and short-lived relief in the bond market, it conveyed a positive signal for risk a