US boosts long-term debt buybacks after yields hit highest levels in years
Treasury Secretary Scott Bessent invoked the buyback program last year as part of the department's "big toolkit we can roll out" if needed to address dislocation in the Treasuries market.
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 —