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

Treasury expands bond buybacks to curb yields as debt hits $40 trillion

Secretary Scott Bessent ordered the purchase of tens of billions in long-dated debt on August 19, 2026, following a breach of the $40 trillion debt threshold.

Marcus Vance
Markets Reporter
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As of 2026-08-24 15:54 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
US Treasury Secretary Scott Bessent announced an expansion of bond buybacks designed to lower long-term interest rates, a move that has accelerated hedge fund betting against the US dollar [1].