Treasury's doubled buyback program is funded by selling short-term bills. That creates no new money, but it shortens the debt and puts a fiscal hand on long-term rates.
Macro Forbes Aug 22, 2026
Treasury's doubled buyback program is funded by selling short-term bills. That creates no new money, but it shortens the debt and puts a fiscal hand on long-term rates.
Treasury's doubled buyback program is funded by selling short-term bills. That creates no new money, but it shortens the debt and puts a fiscal hand on long-term rates.
Macro Forbes Aug 22, 2026