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Treasury may tap $1 trillion cash account for bond buybacks
Two senior Treasury officials told CNBC the General Account is a potential funding source, sending 10- and 30-year yields lower on Monday
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cnbc.com
Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said
Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields.
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cryptobriefing.com
Treasury plans to use General Account to fund enlarged bond buyback program
The US Treasury plans to double bond buyback operation sizes to at least $4 billion, funded from the General Account, as 30-year yields hit
