Treasury Just Drew a Line in the Sand at 5.3%, and Bitcoin Noticed
The US Treasury mentioned Wednesday it is going to at least double the dimension of its long-end debt buybacks. The 30-year yield reversed sharply from a 19-year high, and Bitcoin climbed previous $65,000. The bigger operations begin September 9 and cowl bonds maturing in 10 to 30 years. Treasury framed the transfer as liquidity assist,…
