US Treasury Considers Tapping $1 Trillion Account for Bond Buybacks
The U.S. Treasury is reportedly considering utilizing nearly $1 trillion from its general account to fund bond buybacks. This potential move aims to manage the nation's debt and has influenced market reactions, including a jump in gold prices.
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Who Is Buying America’s Debt These Days?
With the US now $40 trillion in the red, the US Treasury’s sudden move to rein in bond yields has cast a spotlight on who is, and isn’t, purchasing American debt these days. (Source: Bloomberg)
Read full article →Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said
Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields.
Read full article →Treasury may tap $1 trillion cash account for bond buybacks
Read full article →U.S. Treasury could pull almost $1T from the general account to fund buybacks - report
Read full article →Gold Jumps, Curve Flattens On Report Treasury To Tap Trillion-Dollar TGA To Fund Bond Buybacks
Gold Jumps, Curve Flattens On Report Treasury To Tap Trillion-Dollar TGA To Fund Bond Buybacks Having seen yields rebound from their initial decline following the upping of Treasury (long-end) buybacks to 'at least $4BN' per operation (and increased its total planned operations), Treasury Secretary Scott Bessent jawboned late last week about his 'bigger toolkit' and 'asymmetric information' in an attempt to further strengthen the 'Treasury Put'. Unfortunately for him, the market...
By Tyler Durden
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