10-Year Treasury Hits 4.98% as $6B Buyback Demand Plunges
The 10-year Treasury yield neared 5% on Sept. 14 as Treasury’s expanded $6B buyback logged a record-low 1.7x cover, rattling debt markets ahead of the Fed.
treasury buybacks
Bessent Triples Buybacks to $6B as Bond Market Rebels
Treasury Secretary Scott Bessent tripled long-end buybacks to $6B, but the 30-year yield held near 5.32% as Trump’s $1.23T dividend pledge hit debt markets.
30-Year Treasury Near 5.3%: Bessent Doubles Buybacks Sep 9
The US 30-year yield closed at 5.28% on Sept. 1, its worst September start since 2006. Treasury doubles long-end buybacks to $4B.
Treasury Doubles Long-End Bond Buybacks to $4B Per Op
Treasury will at least double liquidity-support buybacks in the 10-30Y sector to $4B per operation starting Sept 9. Bessent signals more could come.