fred hickey(@htsfhickey):Latest attempt by the Treasury Dept. to manipulate long-term bond yields lower (because all the other pronouncements haven't worked). But there's really nothing new here. Treasury almost always takes down its TGA balance in advance of elections in order to stimulate the economy.

fred hickey

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Editor, The High-Tech Strategist since 1987.

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fred hickey@htsfhickey

2026.08.24 13:18

Latest attempt by the Treasury Dept. to manipulate long-term bond yields lower (because all the other pronouncements haven't worked). But there's really nothing new here. Treasury almost always takes down its TGA balance in advance of elections in order to stimulate the economy.