U.S. to Buy Back More Longer-Term Bonds

"The current maximum size of $2 billion per operation will be at least $4 billion per operation," the U.S. Treasury said.

U.S. Stocks Up as Treasury Buybacks Calm Bond Yields; Moderna Surges

U.S. stocks rose after the government said it would buy back more longer-dated bonds, easing pressure on a market that had pushed borrowing costs to their highest levels in nearly two decades.

Trump's Plan to Squeeze Iran's Economy Will Live or Die in Dubai