U.S. Treasury doubles long-end liquidity support buybacks
The U.S. Treasury says it will increase the size of liquidity support buyback operations for longer-dated nominal coupon securities in the 10-year to 20-year and 20-year to 30-year sectors, effective September 9.
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01:05:02 PM UTC
SquawkNews
Treasury is increasing, by at least double, the size of liquidity support buyback operations for longer-dated nominal coupon securities (the 10-year to 20-year sector and the 20-year to 30-year sector).
TLT TBT Bond prices rising as yields tumble after headlines U.S.
Treasury increasing size of liquidity support buyback operations for longer-dated nominal coupon securities.
The 30-yr yield down about -9bps to 5.20% and the 10-yr yield down -6bps to 4.64%.
Longer-dated Euro zone bond yields fall back from multi-year highs: Germany's 30-yr bond yield down 2 bps; 10-yr bond yield down 1.5 bps