Treasury to buy back up to $6B in longer-term debt as bond yields hit highest level since 2023
· foxbusiness.com
Treasury buyback of up to $6 billion in 10-year notes and 20-year bonds sent yields surging, with the 10-year hitting above 4.85% amid a challenging bond market.
The Treasury Department on Wednesday revealed that it will buy back up as much as $6 billion in longer-dated U.S. debt in an operation this week.
The agency's ...