US to Buy Back Up to $6 Billion in Longer-Dated Treasuries
The US Treasury will buy back up to $6 billion of longer-dated government debt on Thursday. This is the first operation under Secretary Scott Bessent’s expanded program. The initiative aims to address the recent rise in federal borrowing costs.
The US Treasury said it will purchase up to $6 billion of longer-dated government debt on Thursday, in line with the first such operation under Secretary Scott Bessent’s expanded program to stem the recent rise in borrowing costs.
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