#USTreasuryToBuyBackUpTo$6BLongDatedDebt UNombangwe ubumemeza ukuthenga amabhondi amaningi. Izinga lenzalo liqhubekile nokukhuphuka. UMnyango Wezezimali wase-US uhlela ukubuyisela (repurchase) kufika ku-$6 billion kumathuluzi anezinsuku ezisele zokufika ekuvuthweni kweminyaka eyi-10 kuya kweyi-20 ngoSepthemba 10. Lokho kuphindaphinda kathathu inani eliphezulu elidlule le-$2 billion lalokhu kuthengiselana. Ngemva kwalokhu kumemezelo, i-benchmark yenzalo yeminyaka eyi-10 yafinyelela cishe ku-4.85%, okuyi-ephezulu kusukela ngoNovemba 2023. Umphumela wemakethe uvele ngaphambi kokuba kuthathwe ukuthengwa okuhleliwe. Lawa ma-buyback asiza ekwenzeni i-liquidity ngokunikeza abatshalizimali ithuba elivamile lokuthengisa amabhondi e-Treasury amadala. Injongo iwukwenza ngcono indlela imakethe esebenza ngayo. Umbono wami: I-liquidity engcono ingasiza izimo zokuhweba, kodwa ukulindela ukwehla kwamandla emali, ukunikezwa kwedebt (debt supply) kanye nesidingo sabatshalizimali kusazothonya amanani enzalo. Ukusabela okukodwa kwemakethe akukwazi ukusungula ukuthi uhlelo lusebenza ngempela. Ku-$BTC ne-$ETH, izinga lenzalo eliphakeme njalo lingase lidonse imizwa (sentiment) ngokucindezela izimo zezezimali eziqinile nokuncintisana kwemali. Ngibhekile imiphumela yangempela yale buyback, idatha yokwehla kwamandla emali (inflation) kanye nesidingo kuma-auction e-Treasury okuzayo. Yini engangemukela ubufakazi obuqinile bokuthi ingcindezi ezindlekweni zokuboleka zesikhathi eside iyancipha? $IOST $SC $PHA