Treasury Buyback Expansion Lowers Bond Yields And Lifts Major Indices

Yahoo Finance reports that U.S. stock markets climbed as the Treasury Department announced plans to double the size of its buybacks for longer-dated securities. This move to enhance liquidity pushed the 10-year T-note yield down to 4.64%, providing a necessary floor for the S&P 5
Yahoo Finance reports that U.S. stock markets climbed as the Treasury Department announced plans to double the size of its buybacks for longer-dated securities. This move to enhance liquidity pushed the 10-year T-note yield down to 4.64%, providing a necessary floor for the S&P 5