SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Bessent: Treasury plans larger 10- to 30-year buybacks from Sept. 9

U.S. Treasury Secretary Scott Bessent said the Treasury Department will double buyback sizes for 10- to 30-year Treasury debt to at least $4 billion per operation, effective Sept. 9, as fears are debated.

DJISOXSPX

FEARS MAY BE OVERDONE BUT COUCH CUSHION COINS WON'T FIX BONDSU.S.

Treasury Secretary Scott Bessent announced in August that the Treasury Department will double buyback sizes for 10- to 30-year Treasury debt securities to at least $4 billion per operation with the buybacks effective from September 9…