U.S. Treasury Buys Back $12.5B of Its Debt
Because Treasuries anchor global borrowing costs and collateral markets, a buyback operation matters well beyond the government bond desk.
Every Zipp story tagged #DebtBuyback, newest first.
Because Treasuries anchor global borrowing costs and collateral markets, a buyback operation matters well beyond the government bond desk.
The 92-cent-on-the-dollar buyback is cheap; the disclosure that bitcoin sales are on the table as a funding source undercuts Saylor's 'net accumulator' framing and gives the market something to price…