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Treasury Buys Back Debt Amid Rising Oil | Wilmington News
The U.S. Treasury is set to buy back twice its usual amount of government debt in a bid to cool bond yields and ease stock market pressure, as oil prices surge and national debt hits $40 trillion amid rising defense costs and Middle East tensions. Bond yields globally are easing — Japan’s 10-year yield dips to 2.85% — while Walmart’s stock plummets 6% on a cautious outlook, fueling investor concern over consumer spending. With unemployment claims up and markets watching closely, the economic landscape remains volatile and complex. Listen in comfort:Get a discount on a Soli Pillow…
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