The Treasury's yield problem it can't buy its way out of

Can the Treasury buy its way out of a yield problem?Andrzej Skiba, Head of U.S. Fixed Income on the BlueBay U.S. Fixed Income team, breaks down what's really driving long Treasury yields—and why short-term fixes fall short.Treasury buybacks briefly eased long yields before markets grew skepticalThe credible solution is deficit reduction, but political appetite for spending cuts looks limited Treasury and Fed policy are pulling in opposite directions, putting the Fed in a tricky spotWith Labor Day approaching, investors are sifting through incoming economic data and policy statements for direction.