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The Rundown · Yesterday · 10 min

Bessent Steps In with Rare Bond Buyback, Walmart Sinks On Weak Sales Growth

Market update for August 20, 2026 Check out the Public app for incredible investing tools and to support the show (LINK) Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions. In today’s episode, Zaid covers: Why Treasury Secretary Scott Bessent is stepping in to push long-term Treasury yields lower What the Treasury’s bond buyback strategy means for stocks, mortgages, and borrowing costs Walmart earnings after the retailer posted its slowest U.S. sales growth in more than six years Why Bitcoin, Ethereum, Coinbase, and other crypto names are rallying Alibaba’s 75% profit plunge as AI spending surges How billions of dollars in tariff refunds are boosting corporate earnings

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Market update for August 20, 2026

Check out the Public app for incredible investing tools and to support the show (LINK)

Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.

In today’s episode, Zaid covers:

  • Why Treasury Secretary Scott Bessent is stepping in to push long-term Treasury yields lower

  • What the Treasury’s bond buyback strategy means for stocks, mortgages, and borrowing costs

  • Walmart earnings after the retailer posted its slowest U.S. sales growth in more than six years

  • Why Bitcoin, Ethereum, Coinbase, and other crypto names are rallying

  • Alibaba’s 75% profit plunge as AI spending surges

  • How billions of dollars in tariff refunds are boosting corporate earnings

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