1 Day
Source:
The Fiscal Times
_1777370220974_847775619.png&w=48&q=75){kind=small}
Treasury Secretary Bessent Shows Signs of Strain
The Treasury Department announced plans to double its buybacks of long-term government bonds to around $32 billion per quarter amid rising bond yields. This move comes as borrowing costs increase for the government, with 30-year bond yields reaching their highest level since 2007. The decision coincides with the upcoming midterm elections.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)