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Treasury Buybacks and the Convenience Yield
Abstract: Treasury buybacks can improve market liquidity, but this analysis suggests they have not reversed declining convenience yields of long-term Treasury securities.
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https://www.stlouisfed.org/on-the-economy/2026/nov/treasury-buybacks-convenience-yield
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2026-11-12