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Treasury eyes $950B cash account to fund bond buybacks
Two senior Treasury officials say the TGA is considered available for off-the-run securities purchases, though no amount or timing has been set
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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
