Treasury yields are slipping as the U.S. eyes its cash account to fund bond buybacks
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What happened
Two senior Treasury officials say the TGA is considered available for off-the-run securities purchases, though no amount or timing has been set
Summary assembled by rule from the sources below
Why it's spreading
Timeline
- First appeared on Yahoo FinanceYahoo Finance
- Quartz started reportingQuartz
- Quartz followed upQuartz
Sources
News
- Treasury yields are slipping as the U.S. eyes its cash account to fund bond buybacksQuartz
- Treasury may tap $1 trillion cash account for bond buybacksYahoo Finance
- Treasury could tap its near-$1 trillion cash account to fund bond buybacksQuartz
- Treasury eyes $950B cash account to fund bond buybacksYahoo Finance