Dollar Slides on Treasury Buybacks — Can Fed Minutes Bring the Hawks Back?
What’s happening: Dollar sold off broadly Wednesday after Treasury announced it will at least double its long-dated debt buyback operations, from $2bn to at least $4bn, starting September 9, pulling the 30-year Treasury yield back below 5.20% from above 5.33%
What’s happening: Dollar sold off broadly Wednesday after Treasury announced it will at least double its long-dated debt buyback operations, from $2bn to at least $4bn, starting September 9, pulling the 30-year Treasury yield back below 5.20% from above 5.33% earlier in the week and stripping away Dollar’s recent yield support. Why it matters: The […] The post Dollar Slides on Treasury Buybacks — Can Fed Minutes Bring the Hawks Back? appeared first on ActionForex.