US Treasury Secretary Bessent doubles buyback operations to $4B as 30-year yields hit 5.33%, the highest since 2007, amid surging federal and

Higher bond yields raise concerns over US borrowing costs and fiscal pressures

We were facing the highest yield for a 20Y auction when the Treasury panicked. In retrospect, it may have bought just a few days/weeks of stability.

Treasury yields climbed this week, with yields on 10-year, 20-year, and 30-year Treasury notes reaching their highest levels in years.

The US Treasury has doubled planned buybacks of longer-dated bonds to at least $4 billion per operation, seeking to ease liquidity pressures after the 30-year Treasury yield hit…

US Treasury doubles bond buybacks to $4B. Fed pause in next three meetings at 73.5% YES.