Damus
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The Bitcoin Conference
@thebitcoinconf
πŸ‡ΊπŸ‡Έ THE U.S. TREASURY IS SCHEDULED TO BUY BACK DEBT UP TO $6 BILLION AGAIN πŸ‘€

The October 1 operation will target long-dated Treasury securities maturing from 2037 through 2046.

πŸ‘‰ The U.S. Treasury is expanding liquidity support in the bond market

The details:
βœ… Up to $6B
βœ… Long-dated Treasuries
βœ… Settlement October 2
βœ… Securities purchased are retired

For Bitcoin, the relevance is macro, not direct. Important to note that this is not QE or money printing.

THE MACRO STORY IS WORTH WATCHING πŸ”
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BankSith · 4d
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