Yields Fall Amid Report Treasury Could Use General Account for Buybacks - WSJ

Yields Fall Amid Report Treasury Could Use General Account for Buybacks  WSJ

Two senior Treasury officials told CNBC the General Account is a potential funding source, sending 10- and 30-year yields lower on Monday

Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields.

Plus: the U.S. hits Canada with 50 percent tariffs, a federal judge voids Trump’s visa ban, and Dan Sullivan endorses Dan Sullivan in race against Dan Sullivan.

The dollar slipped on Friday and was set to end a bumpy week lower, as investors questioned whether the U.S. Treasury’s efforts to calm the bond markets might end up undermining confidence in the currency.