Framing Analysis
U.S. Treasury Secretary Scott Bessent indicated on Thursday that the government may increase repurchases of Treasuries, following a pledge to double buybacks of longer-dated debt. The dollar declined on Friday while the euro rose 0.13 percent to $1.1694 and the pound rose 0.15 percent to $1.3652, according to CNA. The Federal Reserve's Jackson Hole symposium is scheduled for next week.