...Treasury Department doubled the amount of government debt it can buy...

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The Treasury Department doubled the amount of government debt it can buy back, sending bond yields plummeting and boosting financial markets.

The decision came just after Treasury bond yields reached their highest level since 2007.

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Source: at://did:plc:kkf4naxqmweop7dv4l2iqqf5/app.bsky.feed.generator/news-2-0
Author: The Washington Post (@washingtonpost.com)