Back to news
Markets
US Treasury Bought Back $6 Billion in Bonds as Dealers Call for Larger Program
(2 hours ago) · 1 source · Summarized by CryptoBipto
The US Treasury conducted $6 billion in bond buybacks, but primary dealers have indicated that the program needs to be significantly larger to meaningfully improve liquidity in the Treasury market. Dealers argue that the current scale is insufficient to address structural issues in the bond market.
WHY IT MATTERS
The US Treasury bond market is like the foundation of a building — almost every other financial market, including crypto, sits on top of it.
Read the full analysis with a CryptoBipto membership
Members read why every story matters and the full analysis behind it.
SOURCES
- cryptoslate.com
RELATED
US TreasuryBond Market LiquidityMonetary PolicyTraditional Finance