The US Treasury could draw down some of its cash pile to fund buybacks of higher-yielding older securities in a bid to tackle rising borrowing costs, CNBC reported Monday, citing two senior departmental officials.
The US Treasury could draw down some of its cash pile to fund buybacks of higher-yielding older securities in a bid to tackle rising borrowing costs, CNBC reported Monday, citing two senior departmental officials.
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Bloomberg — Markets (EN)