The Treasury doubled bond buybacks to bring down borrowing costs. The relief barely lasted
- The Treasury: 4 events in the last 90 days
- Previous: earlier the same day · The Treasury’s recent moves in the bond and currency markets add up to ‘soft-form financial repression’ to lower debt costs, economist warns
What happened
The 10-year Treasury yield is back near a one-year high as investors brace for fresh inflation data and the Fed’s Jackson Hole meeting.
Summary assembled by rule from the sources below
Timeline
- First appeared on FortuneFortune