US Treasury bought back $6B in bonds, but dealers say it's not enough
The US Treasury bought back $6 billion of older government bonds on November 4, reaching the full limit of its latest operation. On paper this looks like a success for a program meant to make Treasury bonds easier to trade. However, one bond made up $4.9 billion, or 82% of the total, and dealers say the amount is still too small. For the crypto market this is mostly background context rather than news about a specific coin.