S&P 500 ends 3-day slide as Treasury expands bond buyback program

1. 1The S&P 500 snapped a three-session losing streak, supported by a pullback in long-term Treasury yields
2. 2The Treasury Department said it will more than double buybacks of 10-, 20-, and 30-year notes over the coming months
3. 3The move comes after the 30-year yield hit its highest level in roughly 20 years this week

Source CNBC · View original ↗

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