SKN | Could Treasury’s Bigger Bond Buybacks Complicate the Fed’s Fight Against Inflation?
Bonds & Foreign Exchange The U.S. Treasury is stepping up its intervention in the long end of the bond market just as policymakers face a difficult combination of elevated inflation, heavy government borrowing and intense demand for capital from artificial intelligence infrastructure projects. The Treasury Department has doubled its purchases of longer-dated government debt to $4 billion per operation, […]