The treasury buybacks are a liquidity management tool, because the amount of debt outstanding has outpaced trading volumes of that debt. It improves the liquidity of off-the-run securities.
They are a net issuer, not a net buy-backer. The buybacks are a sign of fiscal dominance but not something I put much macro weight on.
LynAlden / Lyn Alden
npub1a2…cw83a
2025-12-09 01:18:25 UTC
in reply to nevent1q…6707
Author Public Key
npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83aSeen on
wss://nos.lolPublished at
2025-12-09 01:18:25 UTCEvent JSON
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