Treasury bought back $6B in bonds, but dealers say bigger isn’t enough

Key points

• The United States Treasury completed a $6 billion buyback of older government bonds on November 4, reaching its maximum operational limit.
• While intended to improve trading liquidity in the Treasury market, a single bond made up $4.9 billion, representing 82% of the total amount.
• Consequently, market dealers indicate that larger scale operations alone may remain insufficient.

Summarized automatically by Kryptokite from reporting by CryptoSlate. Read the original sources for full detail.