Treasury to buy $6B in debt, but bond yields rise
- The Treasury Department announced Wednesday it will triple the maximum amount of U.
- government debt it can buy back, as part of its effort to tamp down surging bond yields.
- The Treasury Department will increase its buyback limit from $2 billion to $6 billion per operation, according to its updated buyback operations schedule.
Unverified
- The Treasury Department announced Wednesday it will triple the maximum amount of U.
- government debt it can buy back, as part of its effort to tamp down surging bond yields.
- The Treasury Department will increase its buyback limit from $2 billion to $6 billion per operation, according to its updated buyback operations schedule.
Sources: The Hill