JP Morgan Sees a Catch with Treasury Buybacks: Higher Term Premium

Treasury buybacks could push the term premium higher unless they are accompanied by fiscal adjustment, potentially limiting the effectiveness of the purchases, JP Morgan said. Treasury Department announced it will at least double the maximum size of its

Treasury buybacks could push the term premium higher unless they are accompanied by fiscal adjustment, potentially limiting the effectiveness of the purchases, JP Morgan said.

Treasury Department announced it will at least double the maximum size of its

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