Schlagwort: blockchain settlement Geopolitical & Strategy Tags: Treasury Department strategy

Treasury Secretary Bessent’s plan to raise long-end buybacks from $2 to $4 billion per operation proved too small, too slow. Now the Treasury is stepping up to $12.5 billion per operation – the same format already used for short-end cash management ops. Dealers are pushing the pace, offering multiples of the old caps. Meanwhile, the…