Treasury expands long‑term debt buybacks to bolster liquidity and push yields lower
TL;DR
The Treasury will more than double the size of its longer-term debt buybacks, raising the cap to at least $4 billion and targeting 10–20 and 20–30 year maturities through Nov. 4 to provide liquidity amid market stress, a move that sent longer-dated yields lower on the news.
- Treasury announces upscaled buyback operation for longer-term debt, sending yields lower cnbc.com
- Long-Dated Treasuries Rally as Treasury Boosts Bond Buybacks Bloomberg.com
- US Treasury to double buybacks of long-term government debt Financial Times
- US Treasury Announces Increased Sizes of Nominal Long-End Forex Factory
- Live updates: Bitcoin takes aim at $65,000 as Treasury move sends yields lower CoinDesk
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