Bond yields fall, markets rally after Treasury doubles debt buybacks
The decision came just after bond yields reached their highest level since 2007.
Treasury buybacks and Fed rate hike signals roil bond market
- Bessent boosts debt buybacks after climb in Treasury yields Financial Post —
- US Treasury to double long-term bond purchases Semafor —
- Dollar Tumbles as Treasury Buyback Unleashes Bond-Market Rally Bloomberg —
- Bond yields plunge after Treasury announces surprise move to ease rising rates NBC News —
- Global bond slump sends long term borrowing costs to highest in decades Business Standard —