📊 DATA: Treasury plans $739B of July–September borrowing while expanding long-bond buybacks. The catch: buybacks can ease market stress locally, but new issuance still absorbs cash into the TGA—meaning the net liquidity effect for Bitcoin may stay far smaller than the purchase headlines imply. https://cryptoslate.com/how-739b-in-new-us-debt-could-absorb-cryptos-liquidity-before-buybacks-even-reach-bitcoin/(CryptoSlate)