Bond market got spicy this week. 30-yr yield hit a 19-year high on Tuesday — war jitters plus US debt crossing $40T.
Treasury's move? Doubled bond buybacks to cool it off. Worked for now, yield dropped back to 5.18%.
But let's be real — this doesn't fix the debt problem. Just buying time.
Treasury's move? Doubled bond buybacks to cool it off. Worked for now, yield dropped back to 5.18%.
But let's be real — this doesn't fix the debt problem. Just buying time.