Treasury doubles debt buybacks as Bessent moves to steady bond market
--------------------------------------------------------------------
Source: CNBC
Published: 2026-08-19 22:50 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Economy & Finance, Financial Markets, Tax & Budget, Business & Economy
--------------------------------------------------------------------
Snippet:
The Treasury Department on Wednesday said it will more than double the size of its government debt repurchases, sending yields sharply lower at a time of substantial market stress.
--------------------------------------------------------------------