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Treasury Bond Buybacks Spark Clash as Yield Caps Squeeze Wall Street Shorts

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Nicholas Mugalli accused Citadel Securities of criticizing Treasury Secretary Scott Bessent's expanded $4 billion bond buybacks because official yield caps are squeezing their short bond positions.
  • The debate highlights rising friction over Treasury liquidity interventions designed to suppress long-term yields.
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