{
  "id": 3229512,
  "title": "US Treasury to maintain bond auction schedule despite larger buybacks",
  "url": "https://urgent.news/2026/08/25/us-treasury-to-maintain-bond-auction-schedule-despite-larger-buybacks",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-25T08:18:26.000Z",
  "source": {
    "name": "Hedgeweek",
    "slug": "hedgeweek",
    "url": "https://www.hedgeweek.com/us-treasury-to-maintain-bond-suction-schedule-despite-larger-buybacks/"
  },
  "original_language": "en",
  "account": "US Secretary of the Treasury Scott Bessent announced that the US Treasury will maintain its regular bond auction schedule, despite expanding its Treasury buyback program. The first larger buyback operations for 10- and 20-year bonds are set to begin on September 10. This decision comes after Bessent doubled the size of the Treasury's quarterly purchases of longer-maturity debt to address a sharp rise in long-term yields to their highest levels in nearly two decades. The Treasury plans to fund the larger buybacks through its Treasury General Account, which currently holds around $940bn. The move aims to improve market functioning in the long-dated Treasury market and address competition from heavy corporate bond issuance. The Treasury cannot create money to finance its operations, so any borrowing for buybacks would likely be in shorter maturities. Bessent, a former hedge fund manager, has been more active in markets recently, including participating in the first joint US-Japanese intervention in the yen market in 15 years.",
  "summary": "The US Treasury plans to keep its regular schedule of debt auctions, including sales of longer-dated bonds, even as it expands its programme of Treasury buybacks, according to a report by Reuters citing comment made by Secretary Scott Bessent on Monday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}