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Treasury to Buy Back Up to $6 Billion in Longer-Term Debt, Triple Normal Level

The announcement follows Treasury Secretary Scott Bessent's comments on easing bond market pressure, according to CNBC.

· 1 min read · language: en

The Treasury Department will buy back up to $6 billion in longer-term debt, triple the normal buyback level, CNBC reported.

The move follows an announcement by Treasury Secretary Scott Bessent aimed at easing pressure in the bond market, according to the report.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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