Odaily Planet Daily reports: The U.S. Department of the Treasury plans to conduct another Treasury buyback operation on October 1. On September 10, the U.S. Treasury proposed repurchasing up to $6 billion in Treasuries with maturities of 10 to 20 years, three times the size of its previous long-term Treasury buyback operation. (Coin Bureau)
U.S. Treasury to Repurchase Up to $6 Billion in Long-Term Bonds on October 1
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Summary
The U.S. Treasury will repurchase up to $6 billion in 10- to 20-year bonds on October 1, a move that could impact the risk-to-reward ratio for long-term investing. The operation, announced on September 10, is three times larger than previous long-term bond buybacks.
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