Treasury's doubled buyback program is funded by selling short-term bills. That creates no new money, but it shortens the debt and puts a fiscal hand on long-term rates.

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

The U.S. Treasury Department announced Wednesday that it will buy back about twice the usual amount of its bonds to quell rising interest rates.

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

The U.S. Treasury has doubled its planned buybacks of longer-dated government debt to at least $4 billion per operation, easing pressure on long-term bond yields but raising…

US Treasury Secretary Scott Bessent has outlined a strategy to ramp up bond buybacks, aiming to enhance market liquidity and instill confidence in economic fundamentals.…