Economy · World
US Treasury to Buy Back $6 Billion in Bonds to Ease Borrowing Costs
The U.S. Treasury Department announced it will buy back up to $6 billion in longer-term debt. This move is intended to ease borrowing costs. The amount designated for buyback is triple the normal level. The operation is scheduled to take place in the coming weeks.
How outlets across the spectrum covered it
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- Centre (2): CBS News, CNBC