In brief

  • The Treasury bought back the entire $6 billion in long-term bonds on Thursday.

  • The 10-year government bond yield reached 5.342%, the highest level since April 2002

  • Bitcoin fell to $83,700. Can buybacks really keep borrowing costs down?

Read the original story: The U.S. Department of the Treasury buys $6 billion in bonds while Bitcoin battles 24-year high rates by Lockridge Okoth on no.beincrypto.com

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