Surprise Treasury Buyback Can’t Mask America’s Record Debt Problem

The trajectory for US public finances continues to head in the wrong direction.

Treasury Buyback Only Briefly Tames Yields  WSJ

The 30-year yield rose back toward its 19-year high Thursday, erasing most of Wednesday's drop after the Treasury doubled buyback sizes to $4 billion per operation

The US Treasury moved on Wednesday to calm a bond market rattled by surging borrowing costs, doubling the size of its debt buybacks hours before separate figures confirmed that the national debt had climbed past $40 trillion (€34.4tn) for the first time.

European shares have opened lower after an advance in Asia, where South Korea’s benchmark Kospi gained nearly 6%

Bond yields edged higher after pulling back sharply during Wednesday's session.

Asian shares gain, with South Korea's Kospi up 6%, after the US Treasury expands its debt buybacks  Toronto Star

Shares are mostly higher in Asia, with South Korea’s benchmark Kospi rebounding more than 6%

Asian shares gain, with South Korea's Kospi up 6%, after the US Treasury expands its debt buybacks  AP News

The Treasury Department on Wednesday said it will increase the maximum amount of U.S. debt it can buy back, a move met with declining bond yields and rising stocks.  Starting next month, the department plans to double the maximum value of longer-dated securities, specifically in the 10-to-20-year and the 20-to-30-year

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

Yields, at recent highs this week, dropped after treasury’s vow to ‘provide greater liquidity support’ to bond market The US treasury is doubling its buyback of government debt in an effort to balance out the bond market and counterbalance investor concern over high inflation. The yield rate on 10-year, 20-year and 30-

US Treasury to double sizes of some debt buyback operations to at least $4 billion  Reuters

Sharp sell-off in recent weeks has sent borrowing costs soaring