Treasury Department to double debt buybacks after bond yield spike
- The Treasury Department on Wednesday said it will increase the maximum amount of U.
- debt it can buy back, a move met with declining bond yields and rising stocks.
- Starting next month, the Treasury plans to double the maximum value of longer-dated securities, specifically in the 10-to-20-year and the 20-to-30-year sectors, it allows itself to...
Unverified
- The Treasury Department on Wednesday said it will increase the maximum amount of U.
- debt it can buy back, a move met with declining bond yields and rising stocks.
- Starting next month, the Treasury plans to double the maximum value of longer-dated securities, specifically in the 10-to-20-year and the 20-to-30-year sectors, it allows itself to...
Sources: The Hill