19-08-2026 21:33 via thehill.com

Treasury Department to double debt buybacks after bond yield spike

The Treasury Department on Wednesday said it will increase the maximum amount of U.S. debt it can buy back, a move met with declining bond yields and rising stocks.  Starting next month, the Treasury plans to double the maximum value of longer-dated securities, specifically in the 10-to-20-year and the 20-to-30-year sectors, it allows itself to...
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