The US is scooping up treasury bonds in an effort to raise their price and push yields down – but it’s not working

It's likely the market is going to test the line in the sand.

Treasury Secretary Scott Bessent doubled buybacks to $4 billion per operation as 30-year yields hit 5.27%, but bond market relief lasted just one

Soaring Treasury yields expose a mounting fiscal crisis that Treasury maneuvers cannot solve without entitlement reform.

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

By Joy Wiltermuth and Isabel Wang