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MNI: U.S. Treasury Still Studying Buybacks To Help Liquidity

(MNI) WASHINGTON

The U.S. Treasury Department said Wednesday it continues to study a potential program to buy back debt to support Treasury market liquidity.

"Treasury expects to share its findings on buybacks as part of future quarterly refundings," Josh Frost, Treasury's assistant secretary for financial markets, said in a statement. "Treasury has not made any decision on whether or how to implement a buyback program but will provide ample notice to the public on any decisions."

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The U.S. Treasury Department said Wednesday it continues to study a potential program to buy back debt to support Treasury market liquidity.

"Treasury expects to share its findings on buybacks as part of future quarterly refundings," Josh Frost, Treasury's assistant secretary for financial markets, said in a statement. "Treasury has not made any decision on whether or how to implement a buyback program but will provide ample notice to the public on any decisions."

Keep reading...Show less