US Treasury just bought back $12.5 Billion of its own debt, the largest buyback in history.

US Treasury just bought back $12.5 Billion of its own debt, the largest buyback in history.
byu/TonyLiberty inFluentInFinance

US Treasury just bought back $12.5 Billion of its own debt, the largest buyback in history.

Do you realize what’s happening?

Japan ran this same playbook in the 1990s when their debt hit 60% of GDP. They bought back bonds, extended maturities, and kept rates low. Thirty years later their debt is 260% of GDP.

Buybacks don’t fix spending problems.

h/t TonyLiberty