Treasury Secretary Bessent could tap nearly $1 trillion Treasury General Account to fund bond buybacks
According to sources including CNBC and two senior Treasury officials, Treasury Secretary Scott Bessent could tap the Treasury's nearly $1 trillion Treasury General Account to fund expanded bond buybacks and help keep long-term yields in check. The potential move would be roughly 250 times the size of the Treasury's existing $4 billion single long-term bond buyback operation.
Detected & updated continuously · Source: Nebula
Story subjects
Sources
@blckchaindaily
🚨 BESSENT COULD TAP NEAR $1 TRILLION TREASURY GENERAL ACCOUNT TO FUND BOND BUYBACKS - SOURCES
@neverturndownagain
BESSENT COULD UNLEASH $1 TRILLION ON BOND MARKET PUMP IT
@coinbureau
🚨BREAKING: Bessent to unleash a $1 TRILLION war chest to rescue the US bond market. That is 250X the Treasury’s new $4 billion for a single long-term bond buyback operation. According to CNBC, the Treasury could tap its nearly $1T Treasury General Account to fund expanded bond https://t.co/hUtAh6uBfU
@roxom
According to two senior Treasury officials, Scott Bessent could tap the Treasury’s nearly $1 trillion checking account to fund bond buybacks and help keep long-term yields in check 💰 More liquidity could be coming 🌊 Got bitcoin? https://t.co/1hJH0iTBFD