The much-anticipated announcement triples the normal buyback operation and follows an announcement from Treasury Secretary Scott Bessent.

Treasury Secretary Bessent doubles buyback operations to at least $4 billion per session targeting long-dated bonds as 30-year yields hit 19-year

The Treasury is expected to announce Wednesday how large it will make its bond buyback operations, with analysts at Wrightson ICAP seeing $5 billion to $6 billion as a likely…

The Treasury announced the buyback operation, which will include buying up 10-year and 20-year Treasury bonds.