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US treasury to buy back $6bn in government debt to alleviate bond market

Scott Bessent made announcement on Wednesday as bond yields rose to highest point since 2008 financial crisis US politics live – latest updates The US treasury will buy back $6bn worth of government debt in an effort to alleviate a sell-off in the US bond market , the treasury secretary, Scott Bessent, announced on Wednesday. Rising inflation and uncertainty from the war in Iran have spooked…

US treasury to buy back $6bn in government debt to alleviate bond market

We haven't written up this one. The Guardian US has the full story — the link below goes straight to it.

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