The Treasury's attempts to get bond yields down amount to 'financial repression,' Citadel Securities says

Citadel Securities has criticized the U.S. Treasury's efforts to lower bond yields, calling them a form of "financial repression" that could worsen inflation. The Treasury has announced plans to buy back up to $4 billion in government bonds and may use its $1 trillion General Account for further purchases. These moves have helped reduce long-term yields, with the 30-year yield dipping to around 5.23%. However, Citadel Securities warns that such interventions may have negative consequences.

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