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

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 …