US Treasuries fell a day after the Trump administration’s surprise decision to increase buybacks of longer-dated bonds, showing the move did little to counter angst about the surging government debt. “Anything that happens within a 24-hour period is noise,” US Treasury Secretary Scott Bessent told reporters. #bonds #markets #economy
Treasury buyback plan fails to calm bond market
- Bessent flags bigger debt buyback potential, coming fiscal plan The Straits Times —
- Asian bonds follow US Treasuries lower, dollar slips The Straits Times —
- US bond selloff resumes despite Treasury intervention Channel News Asia —
- Bond markets shrug off Treasury intervention, with yields rebounding Washington Examiner —
- US Treasury buyback strategy falls short as debt worries persist - Reuters Reuters —