U.S. Treasury Quietly Pours $20,000,000,000 Into Record-Breaking Bond Buyback Operation – Is Stealth QE Underway?

Description

The U.S. Treasury Department has now poured $20 billion into a major Treasury buyback operation in the span of two weeks. The Treasury’s June 3rd and June 10th buybacks , which are historic in size, allow the agency to repurchase securities maturing between May and July of this year. The move has triggered social media speculation that a stealth quantitative easing operation is now underway, with the Treasury mimicking the Federal Reserve’s money-printing tactics to stimulate the economy. Skepti...