Federal Reserve's Hammack: The U.S. government is on an unsustainable fiscal path. Federal Reserve's Hammack: Watching for build-up of leverage in the treasury market.

Feb 10, 2026, 5:29:16 PM UTC(5 hours ago)

Impact: Medium

Affected Assets

Federal Reserve's Hammack: The U.S. government is on an unsustainable fiscal path.
Federal Reserve's Hammack expressed concern about the U.S. government's unsustainable fiscal path and is monitoring leverage in the Treasury market.
The Treasury Department is working to improve market liquidity, including expanding its buyback program and counterparty set.
The Fed has implemented measures to manage market liquidity, including buying short-dated government bonds.
Some analysts are concerned about increasing leverage in the Treasury market, potentially exceeding levels seen during the 2020 liquidity crisis.

FED'S HAMMACK: THE U.S. GOVERNMENT IS ON UNSUSTAINABLE FISCAL PATH FED'S HAMMACK: WATCHING FOR BUILD UP OF LEVERAGE IN TREASURY MARKET