US Treasury to Buy Up to $6 Billion in Long-Dated Debt
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The US Treasury will purchase up to $6 billion of longer-dated government debt in the first operation under an expanded buybacks program. It's part of Treasury Secretary Scott Bessent's effort to stem the rise in borrowing costs. Bloomberg's Michael McKee has the breaking news and immediate market reaction. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/
Tags: Bond Yield, Bonds, Federal Reserve, Michael McKee, STOCK, Scott Bessent, Treasury Dept; U.S., U.S. Treasuries, bond buying, debt, u.s. bond market
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