On 2026-08-19, US Treasury Secretary Scott Bessent announced surprise bond buybacks to address a selloff in long-dated US debt. By 2026-08-20, the gains had reversed entirely as investors dismissed the intervention as temporary.
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A surprise US Treasury announcement on Wednesday is the most concrete evidence yet that the recent selloff in long-dated debt is concerning to Secretary Scott Bessent.
📉 #Bonds "A surprise US Treasury announcement on Wednesday is the most concrete evidence yet that the recent selloff in long-dated debt is concerning to Secretary Scott Bessent."
On Monday, US Bonds Saw a Sell-Off. On Wednesday, Bessent Stepped In
US bonds unwound all of the gains that followed Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt, a sign that investors see it as only a short-lived remedy to curb borrowing costs. Jonathan Levin, Bloomberg Opinion Columnist, reacts to the treasury market moves. (Source: Bloomberg)
US bonds unwound all of the gains that followed Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt. The moves pushed the 30-year yield on Thursday back to levels seen just before the Treasury’s announcement a day prior. Ira Jersey of Bloomberg Intelligence has more. (Source: Bloomberg)
“Anything that happens within a 24-hour period is noise,” US Treasury Secretary Scott Bessent tells reporters, responding to a question about the bond market erasing gains since the Trump administration’s decision to increase buybacks of longer-dated bonds. (Source: Bloomberg)
Interest rates rebounded Thursday despite efforts by Treasury Secretary Scott Bessent to put a lid on longer-term borrowing costs.
Bessent's battle with bonds ->Boston Herald | More on "Treasury bond market and inflation" at BigEarthData.ai WASHINGTON — Interest rates rebounded Thursday despite efforts by Treasury Secretary Scott Bessent to put a lid on longer-term borrowing costs, a sign Wall Street investors remain worried about burgeoning government debt, heavy borrowing by tech firms, and the Federal Reserve’s commitment
U.S. Treasury Secretary Scott Bessent at least doubled planned purchases of outstanding 10-year to 30-year government debt, with one report putting the increase from $2 billion to $4 billion [ft.com#1][ft.com#2][fortune.com#1][ft.com#3][wsws.org#1]. Bessent also told CNBC the buyback operation could exceed $4 billion and said Treasury would “make a market” in longer-dated securities, where yields
"After the deportations that we've seen and the closing of the border, we don't need to produce as many jobs," Bessent explained. President Donald Trump's Treasury Secretary Scott Bessent was confronted with the latest underperforming jobs numbers on CNBC Thursday — and tried to put a spin on why it no longer even matters how ba...
Long-term US Treasury yields climbed back above where they stood before Wednesday's buyback announcement, wiping out the relief that move had briefly delivered, and prompting US Treasury Secretary Scott Bessent to signal that Washington is ready to intervene even more aggressively.
Jefferies Economist Modupe Adegbembo and Morgan Stanley Chief European Equity Strategist Marina Zavolock weigh the impact of US Treasury Secretary Scott Bessent's announcement that the department would at least double the size of its long-dated bond buybacks. They speak on Bloomberg Television. (Source: Bloomberg)
Treasury Secretary Scott Bessent sought to steady the $32 trillion U.S. Treasury market by increasing purchases of longer-term government debt, but investors quickly pushed long-term yields back above pre-announcement levels [ft.com#3][handelsblatt.com#1][euronews.com#1]. Bessent said Treasury buybacks would increase and that the previously announced $4 billion per-issue level was not a hard ceili
With US national debt topping $40 trillion and long-term bond yields hitting multi-year highs, Treasury Secretary Scott Bessent announced increased buybacks to stabilize the market. But as experts explain on Balance of Power, short-term Treasury moves can't solve structural fiscal problems. Kailey Leinz has more. (Source: Bloomberg)
U.S. Treasury Secretary Scott Bessent expanded planned buybacks of long-dated Treasurys after a brief rally in government bonds reversed. Treasury raised planned repurchases of 10-, 20- and 30-year securities to at least $4 billion per operation, and Bessent said they could exceed that amount [euronews.com#1][capitalspectator.com#1][cnyes.com#4][ltn.com.tw#1]. The move was intended to ease pressur
‘We’re Going to Increase the Buyback’: Treasury Boss Targets Bond Yields Treasury Secretary Scott Bessent told CNBC Thursday that U.S. debt buybacks could blow past $4 billion per operation as Washington moves to steady a rattled long-term Treasury market and bitcoin trades abov… #btc #crypto #news Treasury Secretary Scott Bessent told CNBC Thursday that U.S. debt buybacks could blow past $4 billi
President Donald Trump said he did not direct Scott Bessent to intervene in the bond market this week, saying that the Treasury secretary acted on his own authority.
The surprising move this week by Treasury Secretary Scott Bessent to intervene in Treasury markets to lower the cost of government debt undercuts the credibility of Federal Reserve Chairman Kevin Wars...
Joining Bloomberg This Weekend is Bloomberg Radio host of "Masters in Business" Barry Ritholtz and he tells hosts David Gura and Christina Ruffini that Treasury Secretary Scott Bessent’s bond-market moves may provide short-term relief but cannot override persistent inflation, rising debt and the forces setting long-term yields. (Source: Bloomberg)
Treasury Secretary Scott Bessent came to office blasting his predecessor for trying to re-engineer the world’s largest bond market. This week he took a stab at it himself.
Investors and analysts poured scorn on US Treasury Secretary Scott Bessent’s doubling of long-term bond purchases, which provided temporary relief but faces structural economic headwinds that are driving yields higher.
Federal Reserve Bank of Minneapolis President Neel Kashkari has played down concerns over rising US Treasury yields, saying markets are functioning well. His most recent statements come after Treasury Secretary Scott Bessent announced a plan to buy back long-term US debt. Bloomberg Mark Cranfield has the context. (Source: Bloomberg)
US Treasury Secretary Scott Bessent launches an "economic D-Day" to isolate Iran in the largest financial offensive in history Treasury Secretary Scott Bessent announces the largest financial offensive in history to isolate Iran following the collapse of ceasefire negotiations. https:// newsnews.ai/article/us-economi c-d-day-iran-sanctions # UnitedStates # Iran # EconomicSanctions
Two Japanese bond auctions next week may challenge US Treasury Secretary Scott Bessent’s efforts to subdue longer-maturity Treasury yields.
Treasury Secretary Scott Bessent said the new measures will be the "greatest financial offensive" ever.
Treasuries gained at the start of a potentially pivotal week for the US bond market, with remarks from US Treasury Secretary Scott Bessent and Federal Reserve Chairman Kevin Warsh likely to determine where yields go next.
The US is scooping up treasury bonds in an effort to raise their price and push yields down – but it’s not working The bond market is driving the Trump administration crazy. Last week, the treasury secretary, Scott Bessent, announced that the government would sharply ramp up its purchase of treasury bonds, in an effort to raise their price and thus push down their yield, which amounts to the inter
US Treasury Secretary Scott Bessent did not give any more hints about how his department might fund buybacks of higher-yielding older securities. “We haven’t bought a single bond yet,” Bessent said when asked in a press conference Monday about whether he's going to increase the buybacks. (Source: Bloomberg)
Treasury Secretary Scott Bessent refrained from any further signals on revamping US debt management on Monday, following a report that his department could draw down some of its cash pile to fund buybacks of higher-yielding older securities. Bloomberg's Garfield Reynolds discusses. (Source: Bloomberg)
Trump ally should cut budget deficit rather than try to suppress bond yields, says billionaire Stanley Druckenmiller Scott Bessent’s attempt to calm the bond markets and push down America’s cost of borrowing have attracted a rebuke from the US Treasury secretary’s former mentor. Billionaire investor Stanley Druckenmiller, who worked with Bessent at George Soros’s fund management firm in the 1990s,
Karen Ward, EMEA chief market strategist at JPMorgan Asset Management, discusses Scott Bessent's pledge to increase the Treasury’s purchases of long-dated bonds and the outlook for Federal Reserve policy. She speaks on Bloomberg Television. (Source: Bloomberg)
Treasury Secretary Scott Bessent’s surprise plan to tamp down US borrowing costs by expanding bond buybacks may have sparked fierce debate about its ultimate effectiveness, but key market metrics and positioning show that it’s having an impact.
The chorus of voices criticizing US Treasury Secretary Scott Bessent’s bond buyback strategy grew Tuesday.
Stanley Druckenmiller said he was ‘proud of using it’ as wider media grapples with parameters around AI use Stanley Druckenmiller, a billionaire investor, said he used artificial intelligence to pen his viral Wall Street Journal op-ed in which he sharply criticized the interference of Scott Bessent , the US treasury secretary, in the US bond market. Many news outlets, including the Guardian, cover