Treasury’s Potentially Limitless Buybacks Cloud T-Bill Outlook
The US Treasury Department’s decision to boost buybacks of long-dated bonds is complicating the outlook for issuance of short-term securities, including Treasury bills, which are expected to be used to...
By Alexandra Harris · Bloomberg Markets
The US Treasury Department’s decision to boost buybacks of long-dated bonds is complicating the outlook for issuance of short-term securities, including Treasury bills, which are expected to be used to finance the plan.