Asian stocks rally as US Treasury steps in to ease bond fears

HONG KONG: Asian markets rallied on Thursday (Aug 20) after the US Treasury said it would "at least double" the amount of long-term bonds to push down borrowing costs, after they surged this week to near two-decade highs.The surprise move provided a much-needed shot in the arm for investors worried about a spike in 10-

Government bond yields fell and stocks rose on a move by the Treasury Department to double the amount of debt that it can buy back from investors.

U.S. stocks rose after the U.S. Treasury Department made a move to ease pressure emanating from the bond market.

U.S. stocks rose after the Treasury Department made a move to ease pressure emanating from the bond market

Bond market takes a breather after surprise move by Treasury Department | CNN Business  cnn.com

The Treasury Department said Wednesday that it will more than double the size of government-debt buybacks, sending yields sharply lower and stocks higher at the market open.

Longer-term U.S. Treasury yields dropped sharply Wednesday after the Treasury Department announced that it would increase the size of its government debt repurchases by “at least double” in a surprise move.The yield on the 30-year Treasury bond plunged from 5.26% to as low as 5.18%. The 10-year yield, which has a heavy

Global bond markets stabilized Wednesday after a selloff pushed U.S. 30-year Treasury yields to their highest since 2007