Bessent dared currency traders to bet against him as bond buyback size loomed

- Treasury: 35 events in the last 90 days
- Previous: earlier the same day · How to fix the brittleness caused by Treasury basis trades
What happened
The Treasury is expected to announce Wednesday how large it will make its bond buyback operations, with analysts at Wrightson ICAP seeing $5 billion to $6 billion as a likely starting point
Summary assembled by rule from the sources below
Why it's spreading
Timeline
- First appeared on Yahoo FinanceYahoo Finance
- Quartz started reportingQuartz