Treasury to buy $6B in debt, but bond yields rise
The Treasury Department announced Wednesday it will triple the maximum amount of U.S. government debt it can buy back, as part of its effort to tamp down surging bond yields. The Treasury Department will increase its buyback limit from $2 billion to $6 billion per operation, according to its updated buyback operations schedule. The department...
We haven't written up this one. The Hill has the full story — the link below goes straight to it.
