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Treasury to announce size of at least $4 billion debt buyback

  • Treasury will announce the size of its long-dated U.S. debt buyback.
  • The previously announced minimum for the operation was $4 billion.
  • Scott Bessent warned currency traders during the week.

The Treasury Department is set to announce on Wednesday the size of a buyback operation involving long-dated U.S. debt. An earlier announcement set the operation at no less than $4 billion, but analysts see the amount potentially rising significantly. Treasury Secretary Scott Bessent also warned currency traders this week, saying, "I'm the house now."

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