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US Treasury Boosts Bond Buybacks, Sparking Long-End Debt Rally

Key Points

The US government’s longest-dated bonds rallied sharply after the Treasury Department announced it would at least double the size of buybacks in the sector.

The US government’s longest-dated bonds rallied sharply after the Treasury Department announced it would at least double the size of buybacks in the sector.
US Treasury (ORG) US (LOCATION) the Treasury Department (ORG)
Originally published by Bloomberg Markets Read original →