Boosting Bond Buybacks Is Tactical Move, Bullard Says
The US Treasury says it will be buying back more longer-dated debt, a move designed to stop the surge in long-end yields. Former St. Louis Fed President James Bullard says this seems like an important tactical move, but it won't change the fundamentals. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
