$ASTER
🚨🚨 The U.S. Treasury just bought back $3.7B of its own debt ⚡️📢
This marks the third Treasury buyback in December, bringing the total to $28.7B 📢
While that sounds like a large amount, it’s actually just 0.08% of the U.S.’s $38T total debt 📢
While crypto twitter goes wild about these buybacks, it's important to understand that it's really not that important 📢
Yes, these buybacks are technically liquidity-positive 📢
But they're not substantial enough to push risk assets upwards
For context: during peak QE in 2020, the Fed was injecting roughly $800B per month 📢
$30B a month doesn’t come close to that ⚡️📢
