According to CoinMeta, the rise in gold prices and the flattening of the bond yield curve are due to the Treasury Department's plan to utilize nearly $1 trillion from its total accounts ($TGA) to support bond repurchases. Treasury Secretary Scott Bennett mentioned his "larger toolbox" and "asymmetric information" last week, attempting to further enhance market confidence in the Treasury Department. Two senior fiscal officials stated this morning to CNBC that the Treasury Department might use its nearly $1 trillion in TGA funds to help with bond repurchases, which would give the Treasury a considerable amount of influence to affect long-term bond yields and soothe the market. Bennett described this operation as a "Treasury reversal" in an interview with CNBC, meaning that the Treasury will purchase long-term government bonds through the issuance of short-term debt. The use of TGA funds could change the market's perception of this move.