U.S.
Treasury Considers Using $950B TGA to Support Larger Long-Term Bond Buybacks According to CNBC, citing two senior Treasury officials, the U.S
Treasury is considering using funds from its roughly $950 billion Treasury General Account to help finance larger buybacks of long-dated government debt. Treasury recently doubled the size of individual buybacks of off-the-run 10- to 30-year securities from $2 billion to at least $4 billion, while Treasury Secretary Scott Bessent said the operations could be even larger. Officials did not disclose how much of the TGA might be used or when, but said the funds are considered available for the buyback program. — link