The U.S. Treasury Department is set to begin the active phase of its government debt buyback program on Monday, Sept. 7, with billions of dollars in operations drawing attention from cryptocurrency traders watching Bitcoin and XRP. Weekly Treasury buybacks could reach $14.5 billion, while the maximum volume of individual Treasury operations may climb to $16.5 billion. The largest activity is expected on Sept. 9, when the Treasury will increase buyback limits for long-term securities maturing in 10 to 30 years from $2 billion to $4 billion per operation. Overall, the Treasury plans to buy back… Read more
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