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🚨 US TREASURY BUYBACK UPDATE
The Treasury accepted $6B of its debt in today’s buyback operation, against $46.39B offered.
That’s only about 13% of the amount offered being accepted.
Why it matters: Treasury buybacks can influence bond-market liquidity, yields and broader financial conditions all of which can eventually matter for risk assets like $BTC.
Liquidity remains a key market theme. 👀
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