The Treasury increased buybacks compared to the prior meeting which was a decrease vs current run rate. They kept auction sizes the same. They are leaving the door open to cutting duration but need substantial debate. The TBAC still recommends increases but the Treasury in both the statement and minutes is leaving room to cut duration. Basically nothing to do apart from be happy we have RSP. You could increase that position, or increase gold. We will do 1% in each, utilizing some cash. Do not expect big things from either.
