"If the market price of USTs is not 'allowed' to adjust down, the foreign exchange price of UST owned by foreign investors has to adjust via a weakening in the dollar."

US Treasury's expanded buyback operations draw market criticism as 30-year yields hit 5.3%, with analysts warning unpredictable debt strategy

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.…

By Joy Wiltermuth and Joseph Adinolfi

US Treasury Secretary Scott Bessents bond-buyback push has offered only limited relief, with long-term Treasury yields rising again. Investors remain focused on the wider…