Source: CNBC News Agency
1 month ago•
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Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said

Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said

The Treasury could use its General Account to help fund purchases of government bonds, according to two senior Treasury officials. Treasury Secretary Scott Bessent has built up the TGA to around $950 billion currently.
Source: CNBC
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