Bessent discusses the US Treasury bond repurchase plan: No bonds have been purchased yet, and the next operation is scheduled for September 9.
1 hours ago
US Treasury Secretary Bessent discussed the US Treasury bond repurchase program, noting: "We have not purchased any bonds yet, and the next operation is scheduled for September 9." The US Treasury Department earlier announced that starting September 9, it will raise the size of its long-end liquidity support repurchase operations from a maximum of $2 billion per operation to at least $40 billion. Additionally, market sources indicate the US Treasury may draw on nearly $1 trillion in funds from its Treasury General Account (TGA) to finance the recently unveiled expanded US Treasury bond repurchase program.
Coinbase announced it has launched tokenized stocks natively on Base, allowing users to hold US equity positions and participate in DeFi.
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Bessent: Will Continue Regular Treasury Auction Plans
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