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Bitcoin Price Holds Below $79K As Treasury Preps Bigger Bond Buyback

2 days ago 2447
Tom Lee looking at a hand holding a jar of gold coins amid Ethereum logos.

The post Bitcoin Price Holds Below $79K As Treasury Preps Bigger Bond Buyback appeared first on Coinpedia Fintech News

Treasury Secretary Scott Bessent is set to announce a larger bond buyback operation, with Wall Street expecting a $5-6 billion move focused on long-term bonds. A bigger buyback could reduce the supply of net long-dated debt and help contain elevated yields, with the announcement timed ahead of upcoming 10 and 30-year Treasury auctions. Bitcoin is …

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