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USTreasuryToBuyBackUpTo$6BLongDatedDebt
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#USTreasuryToBuyBackUpTo$6BLongDatedDebt ๐จ BREAKING: U.S. Treasury to Buy Back Up to $6 BILLION in Long-Dated Debt ๐บ๐ธ The U.S. Treasury will buy up to $6B of 10โ20 year Treasury bonds in Thursdayโs operation โ 3ร the size of its previous long-dated buyback. ๐ฅ Why does this matter? The move is designed to improve liquidity and help stabilize the long-end of the bond market after long-term yields surged. But the market reaction is interesting ๐ ๐ 10Y Treasury yield jumped toward 4.85% ๐ 30Y yield moved near 5.3% Higher yields can pressure stocks and crypto, while a successful stabilization of the bond market could eventually support risk assets. BTC traders should watch Treasury yields closely. ๐จ #bitcoin #crypt #UStreasury
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