The brief
Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields. U.S. Key points and original sources are listed below.
- Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields.S1
- U.S. Treasury could pull almost $1T from the general account to fund buybacks - reportS2
- Treasury may tap $1 trillion cash account for bond buybacksS3
- Treasury eyes $950B cash account to fund bond buybacksS4
