๐Ÿšจ๐Ÿ‡บ๐Ÿ‡ธ THE US IS BUYING BACK ITS OWN DEBT AGAIN

ON OCTOBER 15, THE TREASURY IS SCHEDULED TO BUY BACK BONDS MATURING IN 10โ€“20 YEARS

THE CAP FOR THESE LONG-TERM BUYBACKS USED TO BE $2 BILLION

THE PLANNED CAPS ARE NOW $4 BILLION OR HIGHER

WASHINGTON IS GIVING HOLDERS OF OLDER BONDS A MORE RELIABLE WAY TO SELL

BUT THE GOVERNMENT STILL NEEDS BUYERS FOR NEW DEBT

IF BOND YIELDS AFTER THE BUYBACK RISE HIGHER

THAT'S A SERIOUS PROBLEM