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Treasury Triples Debt Buyback to $6B as 10-Year Yield Surges Past 4.84%

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The Story

News Summary

  • The U.S.
  • Treasury announced a $6 billion buyback of 10- and 20-year notes, tripling regular size to steady the bond market.
  • However, the 10-year yield still rose to 4.841%, underscoring ongoing pressure on borrowing costs from federal debt and inflation fears.
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US500 price history

7656.98 +14.20% over the displayed period

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