๐จ๐บ๐ธ THE US IS BUYING BACK ITS OWN DEBT AGAIN
ON OCTOBER 15, THE TREASURY IS SCHEDULED TO BUY BACK BONDS MATURING IN 10โ20 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
