Treasury Bought Bonds. The Market Wasn't Buying It.
Category: Credit & Macro Research
Published:
A bigger buyback lifted yields for one session in August. Three weeks later a $6 billion operation landed at the low end of expectations, and the 10-year note went on to its highest close since November 2023.
Read the full Icarus Asia research note at https://icarusasia.com/research/treasury-long-end-buybacks.
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By Icarus Asia — independent strategic advisory and market research on Asian markets.