The post U.S. Treasury Buys Back $4 Billion in Debt Today appeared first on Coinpedia Fintech News
The U.S. Treasury is conducting a $4 billion debt buyback today, targeting 7- to 10-year maturity securities. The operation is scheduled from 1:40 p.m. to 2:00 p.m. ET, with settlement tomorrow. Treasury has expanded its buyback program to support liquidity in less-traded bonds. Some crypto market participants expect the move to lower yields and support …