🇺🇸 Treasury is stepping into the bond market.
The US Treasury is increasing the maximum size of some long term bond buybacks from $2B to at least $4B per operation, starting September 9.
This move comes after the 30-year Treasury yield hit 5.33%, it's highest level in 19 years .
Treasury says the buybacks are meant to improve liquidity in longer-dated bonds
But let's see:
If Treasury can help ease pressure on long term yields, it could also improve liquidity and sentiment across risk assets.
#TreasuryBuybacksCouldExceed$4BPerIssue
BTCSurpasses$72000
BitcoinTops$70KFirstTimeInTwoMonths
The US Treasury is increasing the maximum size of some long term bond buybacks from $2B to at least $4B per operation, starting September 9.
This move comes after the 30-year Treasury yield hit 5.33%, it's highest level in 19 years .
Treasury says the buybacks are meant to improve liquidity in longer-dated bonds
But let's see:
If Treasury can help ease pressure on long term yields, it could also improve liquidity and sentiment across risk assets.
#TreasuryBuybacksCouldExceed$4BPerIssue
BTCSurpasses$72000
BitcoinTops$70KFirstTimeInTwoMonths