“Repurchases of $2 billion will now be increased to “at least” $4 billion, the US Treasury said. The move is intended to provide “liquidity support” for bonds maturing in 10 to 30 years as total US debt nears $40 trillion.”
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“Repurchases of $2 billion will now be increased to “at least” $4 billion, the US Treasury said. The move is intended to provide “liquidity support” for bonds maturing in 10 to 30 years as total US debt nears $40 trillion.”
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts
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