Treasury Department to double debt buybacks after bond yield spike
The Treasury Department on Wednesday said it will increase the maximum amount of U.S. debt it can buy back, a move met with declining bond yields and rising stocks.
Reported by 1 outlet — The Hill. See all sources ↓
The Treasury Department on Wednesday said it will increase the maximum amount of U.S. debt it can buy back, a move met with declining bond yields and rising stocks. Starting next month, the department plans to double the maximum value of longer-dated securities, specifically in the 10-to-20-year and the 20-to-30-year sectors, that it allows itself...
Read the full report at The Hill ↗
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- The Treasury Department on Wednesday said it will increase the maximum amount of U.S. debt it can buy back, a move met with declining bond yields and rising stocks.
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- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 3m ago.
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Treasury Department to double debt buybacks after bond yield spike
Sources1TypeCoverageThe Hill