Treasury Launches First Buyback Program in 20 Years.
Originally Published 2 years ago — by The Wall Street Journal
The U.S. Treasury plans to launch a buyback program for government securities next year to ease liquidity in the $24tn market. The program will start small and won't significantly change the overall portfolio of U.S. government securities on the market. The move comes after bouts of liquidity problems in recent years as big banks and asset managers retreat from the market.