“Will 2024 Buyback Plan Boost Treasury-Market Liquidity? Jefferies Says Don’t Count on It!”
The U.S. Treasury’s plan for a 2024 regular buyback program is designed to help support liquidity in the government-debt market; however, it has been met with doubts by investment bank Jefferies Group. Since buybacks were first introduced in late 2022, Jefferies has consistently expressed skepticism that the program would have benefits that outweigh the costs […]