Longer-dated Treasury yields rise as Bessent's bond buyback rally fizzles out

Concerns over the Treasury Department's debt repurchase program continue to weigh on markets.

Long-term US Treasury yields climbed back above where they stood before Wednesday's buyback announcement, wiping out the relief that move had briefly delivered, and prompting US Treasury Secretary Scott Bessent to signal that Washington is ready to intervene even more aggressively.

Welcome back to the City AM liveblog. The FTSE 100 is set to open slightly higher after fresh research showed consumer confidence has risen to its highest level in nearly two years. The GfK consumer confidence index – which polls households on the way they view their finances and economic outlook – jumped three points…

U.S. bond yields are rarely a burning issue with the general public. But that’s changed this week as a spike in yields has hit the front pages and TV newscasts. Yields on 30-year U.S. Treasury bonds hit their highest point in almost two decades on Tuesday. The rise prompted Treasury Secretary Scott Bessent to step in w

Treasury's Bessent says upsized bond buybacks could increase further  Reuters

Treasury Yields Rise as Buybacks Could Top $4 Billion an Issue  WSJ

The Treasury secretary signaled the department is prepared to expand its debt repurchase program just one day after doubling it

Treasury Secretary Scott Bessent’s plan to calm markets is being short-circuited.

Treasury Secretary Scott Bessent announced Wednesday that the Treasury Department would at least double the size of its government debt buyback operations as the Trump administration seeks to contain rising borrowing costs. The Treasury said it will increase the maximum size of its buyback operations for longer-dated n

NEW YORK, Aug 19 : Longer-dated global bond yields retreated from multi-decade highs, the dollar tumbled and gold jumped on Wednesday after the U.S. Treasury Department said it would boost liquidity support for longer-dated securities, following a broad selloff fueled by fears over swelling sovereign debt.The U.S. Trea

BondsGovernment to repurchase more long-dated bonds to boost market liquidityThe U.S. Treasury Department said it would temporarily raise the upper limit for debt buyback operations. © ReutersIORI KAWATE and HIROFUMI TAKEUCHIAugust 20, 2026 01:20 JSTWASHINGTON/NEW YORK -- The U.S. Treasury will at least double the uppe