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US Treasury's 20- to 30-year bond buyback falls short of $6 billion cap

BlockBeats news, September 25 - The U.S. Department of the Treasury announced that on September 24, it conducted a liquidity repurchase operation for 20- to 30-year U.S. Treasury bonds valued at $4.078 billion, and the 20- to 30-year Treasury repurchase operation received bids amounting to $10.468 billion.

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The Treasury Department can improve the terms of long-term bonds issuance, but it cannot rely on repurchases to address the growing funding needs.
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