U.S. treasury escalates bond buybacks to stem surging yields
U.S. Treasury Secretary Scott Bessent announced on Thursday that the government may further expand its repurchases of long-dated Treasuries to help stabilise a debt market that has recently seen yields approach two-decade highs, as Reuters reported.
August 21, 2026 (MLN): U.S. Treasury Secretary Scott Bessent announced on Thursday that the government may further expand its repurchases of long-dated Treasuries, attempting to stabilize a debt market that has recently seen yields approach two-decade highs, as Reuters reported. The strategy follows a surprise announcement on Wednesday, when the Treasury revealed plans to double buybacks of longer-dated s...