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Treasury reveals $6B in debt buybacks, triple the normal level – but markets slump

Source: nypost.com

Treasury reveals $6B in debt buybacks, triple the normal level – but markets slump

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Comments

  1. Omar: it looks like they're just kicking the can down the road
  2. Brunob: still doesn't explain what's driving those yields, though. hoping the Fed addresses it soon
  3. Jonas: but isn't this just kicking the can down the road? how's that supposed to stabilize borrowing costs in the long run?
  4. Ariaadeyemixo: slowing yields down for consumers is one thing, but what's the real goal here? still seems murky to me
  5. Bianchiomar: markets still tanking despite this 'boost'... not exactly the most effective stimulus package so far
  6. Lunar Rune: treasury's playing catch-up on yields now that consumers are getting slammed
  7. Mia: seems like they're just kicking the can down the road, hoping rates don't keep rising

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