Starting September 9, the U.S. Treasury will double their treasury buyback program, bringing purchases to roughly $5.5 billion per month. While small compared with past Fed Quantitative Easing programs, the move is providing support to the bond market.<\/p>\n
The increase comes as Treasury yields have risen sharply, with the 30-year yield reaching its highest level in nearly 20 years and the 10-year hitting its highest level since January 2025. The larger buybacks are planned through at least November 4 and could potentially continue longer.<\/p>\n
The purchases are also helpful as the U.S. continues issuing large amounts of debt increasing the supply and at the same time there also has been a heavy corporate bond issuance. <\/p>\n
Overall, the increased Treasury buybacks should provide a welcome boost to the bond market and could help support liquidity and investor demand in the months ahead, which should help push mortgage rates lower.<\/p>\n
Fuente: Autopista MBS<\/p>","protected":false},"excerpt":{"rendered":"A partir del 9 de septiembre, el Tesoro de EE. UU. duplicar\u00e1 su programa de recompra de bonos del Tesoro, elevando las compras a aproximadamente 14.000 millones de d\u00f3lares al mes. Si bien es peque\u00f1o en comparaci\u00f3n con los programas anteriores de flexibilizaci\u00f3n cuantitativa de la Reserva Federal, […]<\/span>","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16],"tags":[12,317,39,47,30],"class_list":["post-5239","post","type-post","status-publish","format-standard","hentry","category-30-second-market-update","tag-30-second-update","tag-bond-rates","tag-housing-inventory","tag-housing-market","tag-interest-rates"],"acf":[],"yoast_head":"\n