US Treasury to double buybacks of long-term government debt
Sharp sell-off in recent weeks has sent borrowing costs soaring
Sharp sell-off in recent weeks has sent borrowing costs soaring
BELLINGS Intelligence Score: 62
Why it matters
The US Treasury's decision to double buybacks of long-term government debt is a significant monetary-policy signal aimed at calming soaring borrowing costs, directly affecting credit markets and interest rate expectations.
Sources
Financial Times
US Treasury to double buybacks of long-term government debt
Sharp sell-off in recent weeks has sent borrowing costs soaring
Financial Times
US Treasury tries to soothe the bond market
US Treasury to double buybacks of long-term government debt