🚨 BREAKING

🇺🇸 The U.S. Department of the Treasury just conducted its largest Treasury buyback ever — around $15B.

📊 Month-to-date:

• ~$49B in total buybacks

⚠️ What this means:

• Improving liquidity in the bond market

• Smoothing volatility in Treasury trading

• Managing government debt more actively

🧠 Bigger picture:

This isn’t stimulus — it’s market plumbing.

But…

📉 More liquidity support can still influence:

• Yields

• Dollar strength

• Risk assets

#Macro #Bonds #Liquidity #markets

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