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Sunday, November 8, 2026 · UTC
The Markets

Treasury doubles buybacks as 30-year yield hits 2007 highs

Yields climbed above 5.3% this week, prompting Secretary Bessent to expand debt repurchases to rein in rates.

Marcus Vance
Markets Reporter
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As of 2026-08-23 06:48 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
The 30-year Treasury yield surged above 5.3% this week, reaching its highest level since 2007 and prompting Treasury Secretary Scott Bessent to double the size of its debt repurchases [1].