đšMAJOR: The U.S. Treasury is set for another liquidity buyback on October 1.
This follows the September 10 operation, when Treasury offered to buy up to $6 BILLION of 10- to 20-year bonds, triple the size of its previous long-dated buyback.
The goal is to improve liquidity in older, harder-to-trade Treasuries after a sharp bond selloff pushed long-term yields to multi-year highs.
Stronger Treasury demand can support bond prices and potentially ease yields, which would be a POSITIVE backdrop for stocks and crypto.
This is supportive for market liquidity, but it is not the same as Fed QE.
$BTC $SOL $XRP
This follows the September 10 operation, when Treasury offered to buy up to $6 BILLION of 10- to 20-year bonds, triple the size of its previous long-dated buyback.
The goal is to improve liquidity in older, harder-to-trade Treasuries after a sharp bond selloff pushed long-term yields to multi-year highs.
Stronger Treasury demand can support bond prices and potentially ease yields, which would be a POSITIVE backdrop for stocks and crypto.
This is supportive for market liquidity, but it is not the same as Fed QE.
$BTC $SOL $XRP
