Continuing story · 1 report
The Treasury’s expanded long-term bond buybacks
Gone quiet since
Where it stands
Treasury Secretary Scott Bessent announced expanded buybacks of older, long-dated Treasury bonds on August 19, as the 30-year yield reached 5.3 percent. The report does not say how the expanded program will be implemented, adjusted or whether it will continue; its status remains open.
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The story so far
Update 1
Treasury Doubles Long-Bond Buybacks to Calm Surging Yields
The Treasury doubled some long-bond buybacks to at least $4 billion per issue. Bonds rallied, then yields rose again.
Still open after this report
- No confirmed scale, timetable, targeted maturities, or operational tempo beyond the per-issue floor and possibility of more.
- No verified direct quotation from Bessent in the provided sources, only paraphrased guidance.
History
Opened1 report
Who's involved
People
Kevin WarshChairman of the Federal Reserve since 20261 report
Scott BessentUnited States Secretary of the Treasury1 report
Places
- United StatesUnited States1 report
Every outlet we read on this story
11 sources10 outlets1 video
