Treasury Buyback (20-30year, liquidity support, max USD 2bln): Accepts USD 2bln of USD 25bln offers, accepts 5 of 35 eligible issues

The Treasury's buyback of up to $2 billion with a strong offer-to-cover ratio of 12.5x indicates robust demand for these longer-duration securities.

Newsquawk StaffPublished On the live feed at 4 more headlines followed before this page went public
Newsquawk headlinesUTC

France says will take part in European military mission to Greenland

Chile's Codelco says government has approved extension of the Hales mine

Treasury Buyback (20-30year, liquidity support, max USD 2bln): Accepts USD 2bln of USD 25bln offers, accepts 5 of 35 eligible issues

CRUDE WRAP: WTI (G6) SETTLES USD 0.87 HIGHER AT 62.02/BBL; BRENT (H6) SETTLES USD 1.05 HIGHER AT USD 66.52/BBL

Chevron (CVX) reportedly expected to receive expanded Venezuela license from the US this week, according to reports

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.

Offer-to-cover: 12.5x

Context

This demand signals a belief in continued liquidity support, which may influence yield curves and risk perceptions across fixed income and broader markets. A successful buyback like this typically underpins the attractiveness of Treasuries amidst uncertain economic conditions.

Related headlines

The whole workspace, free to try.

Try it free