Plan Details The U.S.
Treasury Department announced on September 10 that it will repurchase 10‑ to 20‑year Treasury bonds up to $6 billion.
The plan, unveiled last month, doubles the size of long‑term bond buy‑back operations.
The current $2 billion limit per operation will be raised to $4 billion.
The program will take effect on September 9 and remain in force until November 4.
Future dates will see the buy‑back limits for 20‑ to 30‑year bonds raised to at least $4 billion.
Goals and Impact This move aims to ease volatility in U.S.
liquidity markets and boost investor confidence.
US Treasury Plans $6 Billion Bond Buyback
The U.S. Treasury Department will repurchase 10‑ to 20‑year Treasury bonds up to $6 billion, doubling the size of long‑term buy‑back operations to strengthen market liquidity.
Sources
- Bloomberght · baglanti