๐บ๐ธ Treasury withdrew $91,000,000,000 from its TGA balance on Thursday.
The same day, US bond yields dropped 10 to 12 basis points.
Treasury had previously said it could use the TGA balance for bond purchases, and it's possible that this has already begun.
#Treasury #TreasuryDepartment #bond
The same day, US bond yields dropped 10 to 12 basis points.
Treasury had previously said it could use the TGA balance for bond purchases, and it's possible that this has already begun.
#Treasury #TreasuryDepartment #bond
