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Markets, money, and the policy that moves them.
Sunday, November 8, 2026 · UTC
Finance

Treasury Secretary Bessent doubles long-term bond buybacks

The move comes as the 30-year US Treasury yield hit its highest level since June 2007.

Marcus Vance
Markets Reporter
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As of 2026-08-22 00:00 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Treasury Secretary Scott Bessent announced plans to double long-term bond buybacks, a move that pushed Treasury yields lower and weakened the US dollar [3].