Treasury to Start Buyback Program May 29

Bonds held gains after the US Treasury kept its quarterly debt sales steady and said it will start debt buybacks this month. Bloomberg's Michael McKee reports.
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[@joshuahummel7017]

Unreal

[@djayjp]

Will this help TLT?

[@maxjohnson0703]

More borrowing will push rates up

[@mytravls]

@@maxjohnson0703 you mean interest rates will go up?

[@lr3999]

I believe it helps ensure we hit a bottom at the moment.

[@norrieshow1733]

This is very bearish. Increasing supply lower demand which raises the yeilds