THE U.S. TREASURY IS SCHEDULED TO BUY BACK DEBT UP TO $6 BILLION AGAIN
The October 1 operation will target long-dated Treasury securities maturing from 2037 through 2046.
In other words Treasury is expanding liquidity support in the bond market.
✅Up to $6B
October 1
Long-dated Treasuries
Settlement October 2
Securities purchased are retired
For #Bitcoin, the relevance is macro, not direct. Important to note that this is not QE or money printing.
THE MACRO LIQUIDITY STORY IS WORTH WATCHING.
The October 1 operation will target long-dated Treasury securities maturing from 2037 through 2046.
In other words Treasury is expanding liquidity support in the bond market.
✅Up to $6B
October 1
Long-dated Treasuries
Settlement October 2
Securities purchased are retired
For #Bitcoin, the relevance is macro, not direct. Important to note that this is not QE or money printing.
THE MACRO LIQUIDITY STORY IS WORTH WATCHING.
