{
  "id": 2066495,
  "title": "US doubles long-bond buybacks amid surging yields",
  "url": "https://urgent.news/2026/08/20/us-doubles-long-bond-buybacks-amid-surging-yields",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T02:08:12.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/08/20/us-doubles-long-bond-buybacks-amid-surging-yields"
  },
  "original_language": "en",
  "account": "US Treasury Secretary Scott Bessent doubled the size of buybacks for long-duration Treasury bonds amid surging yields. The move came in response to a significant bond selloff that pushed the 30-year yield to a 19-year high, driven by fears of war and fiscal concerns. The Treasury will increase buyback sizes to at least $4 billion per operation for the 10- to 30-year and 20- to 30-year sectors, effective September 9 through November 4. Analysts noted that higher yields can lead to increased borrowing costs for both the government and the private sector. Despite the increase, the Treasury still faces a massive debt pool and upcoming debt maturity dates.",
  "summary": "The US Treasury raised buybacks by at least US$14 billion this quarter after 30-year yields hit a 19-year high.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "US doubles long-bond buybacks amid surging yields",
        "url": "https://urgent.news/2026/08/20/us-doubles-long-bond-buybacks-amid-surging-yields-2066938",
        "published": "2026-08-20T02:08:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}