US Treasury bond intervention struggles as yields rebound. Gold reaching $4,700 in August 2026 now at 57.9% YES.

Analysts warned that this move was unlikely to change the trajectory for long-end yields, as the U.S. deficit is only increasing.

Treasury Secretary Scott Bessent doubled bond buyback operations to $4B after 30-year yields hit 5.34%, but investors remain unconvinced by the

Yields on 30-year US government debt rise

The markets shrugged off the Treasury's announcement that it would “at least double” the size of its debt buybacks to $4 billion.