A Treasury balance of $950 billion could fuel a bond buyback wave
Treasury Secretary Scott Bessent may have around $950 billion in additional firepower to support his campaign to lower long-term yields, after two senior Treasury officials told CNBC’s Steve Liesman that the general Treasury account is available to help finance expanded buybacks of long-term government bonds.#BTCReaches$80000 #BitcoinOpenInterestFallsToTwoMonthLow #AIHardwareStocksFallPreMarketAAOIDown11.66% #EtherETFsPost$697MWeeklyInflow #USTreasuryDoublesBuybackCapTo$4B $TRUMP
$XAU
Treasury Secretary Scott Bessent may have around $950 billion in additional firepower to support his campaign to lower long-term yields, after two senior Treasury officials told CNBC’s Steve Liesman that the general Treasury account is available to help finance expanded buybacks of long-term government bonds.#BTCReaches$80000 #BitcoinOpenInterestFallsToTwoMonthLow #AIHardwareStocksFallPreMarketAAOIDown11.66% #EtherETFsPost$697MWeeklyInflow #USTreasuryDoublesBuybackCapTo$4B $TRUMP
$XAU
