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      US Treasury Purchases $5.187 Billion in 10-20 Year Notes

      The United States Treasury Department has completed a purchase of $5.187 billion in 10-20 year notes, marking its first buyback in this series. The next scheduled buyback is set for September 24. Market analysts suggest that the initial results may not fully reflect investor sentiment, as this is the first transaction in the series.

      This recent buyback has drawn some disappointment from the market, particularly as it follows a previous buyback of $6 billion. The lower figure of $5.187 billion has contributed to a rise in US 10-year yields, which reached their highest levels since 2023 shortly after the announcement. In response, the Nasdaq composite index experienced a decline of 1.0%, reflecting investor concerns about the Treasury's purchasing strategy.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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