Treasury Secretary Bessent expands bond buybacks to $4B per session, buying long-dated Treasuries funded by short-term bills, reshaping Wall

Treasury Secretary Scott Bessent initiated a "Treasury twist" to influence bond yields. This move aimed to lower long-term borrowing costs for the administration. However,…

The US Treasury plans to double bond buyback operation sizes to at least $4 billion, funded from the General Account, as 30-year yields hit