Dow rises 230 points after Treasury doubles bond buybacks
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Pressure on bonds abates as Treasury announces buybacks. What may come next.
The Treasury Department said Wednesday that it will more than double the size of government-debt buybacks, sending yields sharply lower and stocks higher at the market open.
Pressure on bonds abates as Treasury announces buybacks. What may come next.
The Treasury Department said Wednesday that it will more than double the size of government-debt buybacks, sending yields sharply lower and stocks higher at the market open.
Dow jumps 200 points as Treasury unveils bond-buyback plan
The 30-year Treasury yield fell nearly 9 basis points after hitting a 19-year high the prior session
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