🇺🇸The US Treasury Has Now:
1. Announced that Treasury buybacks would double from $2 billion to $4 billion
2. Announced that Treasury buybacks could "more than double"
3. Considered using its $950 billion General Account for these purchases
Meanwhile, the 10Y Note Yield is still ABOVE levels seen prior to their initial announcement on August 19th.
This is going to be a long battle.
August 24, 2026 8.5K 8
