Macro Musings with David Beckworth cover image

Samim Ghamami on How to Reform the Treasury Market

Macro Musings with David Beckworth

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Exploring the Treasury Buyback Program and its Implications

This chapter explores the Treasury's new buyback program designed to enhance market liquidity by taking old treasuries out of circulation. It also discusses the potential evolution of this initiative into a key tool for distinguishing between fiscal and monetary policies in emergency scenarios.

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