Economic TimesLean R·
US Stock Market: Treasury steps in to curb rising long-duration bond yields
The US Treasury has doubled planned buybacks of longer-dated bonds to at least $4 billion per operation, seeking to ease liquidity pressures after the 30-year Treasury yield hit its highest level since 2007. The move comes amid rising fiscal concerns, elevated borrowing costs and heightened geopolitical tensions.
Read at Economic Times →
