Treasury yields climb ahead of buyback and August CPI
Treasury yields rose ahead of the first increased buyback announcement. Markets will look to tomorrow’s details on Secretary Bessent’s long-term bond repurchases as the Treasury prepares the Thursday operation. August CPI follows on Friday.
1554 ET - Treasury yields rise ahead of the first increased buyback announcement. Investors will gauge tomorrow how aggressive Secretary Bessent will be buying back long-term bonds to ease yields, as the Treasury announces the size of the operation set for Thursday. On Friday, August CPI will help…