Global Market: Treasury bond buybacks complicate Fed’s path to price stability
· economictimes.indiatimes.com
The U.S. Treasury has doubled its planned buybacks of longer-dated government debt to at least $4 billion per operation, easing pressure on long-term bond yields but raising questions over its growing influence on financial conditions and the Federal Reserves monetary policy strategy.
Synopsis
The U.S. Treasury has doubled its planned buybacks of longer-dated government debt to at least $4 billion per operation, easing pressure on long-term ...