Treasury Boosts Buybacks to $4 Billion But Long Yields Hit 5.247%
U.S. Treasury doubles liquidity-support buybacks for long-dated bonds, yet 30-year yields surge past 5.2% in 24 hours. The U.S. Treasury increased its liquidity-support buybacks for 10-to-30-year nominal Treasuries to at least $4 billion per operation, up from $2 billion,