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Markets Await Bessent’s US Treasury Debt Buyback Details
Market participants will find out Wednesday how far Treasury Secretary Scott Bessent is initially willing to go to restrain US bond yields via an expanded buyback program. The Treasury Department is expected to announce the size of the next day’s operation to repurchase outstanding 10-year to 20-year securities. Ven Ram of Bloomberg MLIV has more. (Source: Bloomberg)
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