The Treasury Could Reportedly Dip Into The Massive Treasury General Account To Fund Bond Buybacks

The Treasury could dip into the $1 trillion General Account to help fund its plan to increase buyback of government bonds, according to a new report. (Credit: Latin Times)

The Treasury could dip into its $1 trillion General Account (TGA) to help fund its plan to increase buyback of government bonds, according to a new report.

CNBC detailed on Monday that the TGA will allow the Treasury with a large chest to fund the strategy and influence long-term bond yields.