A Treasury official told CNBC the department could use its nearly $1 trillion General Account to fund increased purchases of long-dated government bonds, giving it more power to influence long-term yields.
Sentimentbullish 70
Bullish · 70 of 100
Impact60
medium · sector-wide
Confidence80%
high confidence · 8 wires
Eventdeveloping
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Treasury may tap $935 billion cash pile for bond buybacksbullish 70 · impact 60
BREAKING: The US Treasury is considering using its $950 billion General Account to help fund its increased purchases of long-term government bonds, per CNBC.
Once again, the era of bond market intervention officially began on August 19th.
This is a top priority for the Trump Administration.
TREASURY COULD TAP $950B CASH PILE FOR BOND BUYBACKS
Treasury officials say Scott Bessent could use the roughly $950B Treasury General Account to help fund expanded purchases of long-dated government bonds.
That could give Treasury significantly more firepower to influence long-term yields after markets questioned whether the recently doubled buyback program was large enough to matter.
Treasury has already raised minimum long-end buybacks from $2B to $4B per operation, with the first schedule
Treasury could use general account to fund bond buyback - CNBC
The 🇺🇸 Treasury could use its near $1 trillion General Account to help fund its recently announced plans to increase purchases of government bonds - CNBC
Treasury could use $1 trillion cash account for bond buybacks, Bessent signalsbullish 65 · impact 40
TREASURY COULD USE GENERAL ACCOUNT TO FUND BOND BUYBACK: CNBC
Treasury could use general account to fund bond buyback, official tells CNBCneutral 50 · impact 30 · this page
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