{
  "id": 6466567,
  "title": "Treasury triples bond buy-back programme to $6bn",
  "url": "https://urgent.news/2026/09/09/treasury-triples-bond-buy-back-programme-to-6bn-6466567",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-09T19:12:53.000Z",
  "source": {
    "name": "The National Business",
    "slug": "the-national-business",
    "url": "https://www.thenationalnews.com/business/markets/2026/09/09/treasury-triples-bond-buy-back-programme-to-6bn/"
  },
  "original_language": "en",
  "account": "On Wednesday, the US Treasury Department announced plans to triple its bond buy-back programme to a maximum of $6 billion. This move aims to control long-term borrowing costs, which have been increasing due to rising Treasury yields. The increase in yields is linked to higher yields in Gulf states, where most currencies are pegged to the US dollar. The Treasury previewed this action last month, with Secretary Scott Bessent describing the situation as a \"fever\" building in the bonds market. Yields on the 10-year and 30-year Treasury notes rose, while the two-year Treasury saw a similar increase. Despite the announcement, yields continued to rise after the news. The rise in yields is attributed to geopolitical tensions in the Middle East, specifically attacks on tankers in the Gulf by Iran and the US. These attacks have led to a surge in oil prices, with Brent crude exceeding $100-a-barrel again. The tensions also force Gulf states to borrow more money to compensate for lost oil revenue due to the closure of the Strait of Hormuz and Iranian attacks on energy sites. While some Gulf sovereigns' spreads have tightened or moved little, a prolonged conflict could widen those spreads, increasing financing costs for the region.",
  "summary": "The US Treasury Department announced on Wednesday it will buy back up to $6 billion of government debt as it seeks to contain long-term borrowing costs. The move, which is triple the size of its normal operations, comes as Treasury yields have been rising in recent months, making borrowing costs higher for consumers. US Treasury yields are linked closely to Gulf states, where most currencies are…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "CNBC World",
        "title": "Treasury Department to buy back $6 billion in longer-term debt, triple the normal level",
        "url": "https://urgent.news/2026/09/09/treasury-department-to-buy-back-6-billion-in-longer-term-debt-triple",
        "published": "2026-09-09T15:11:37.000Z"
      },
      {
        "outlet": "Motley Fool",
        "title": "'I am the house now': U.S. Treasury Secretary Scott Bessent Dares Investors to Short the Yen, as the Treasury Announces a Longer-Dated Bond Repurchase Up to $6 Billion",
        "url": "https://urgent.news/2026/09/09/i-am-the-house-now-u-s-treasury-secretary-scott-bessent-dares",
        "published": "2026-09-09T17:05:01.000Z"
      },
      {
        "outlet": "Nasdaq Markets",
        "title": "'I am the house now': U.S. Treasury Secretary Scott Bessent Dares Investors to Short the Yen, as the Treasury Announces a Longer-Dated Bond Repurchase Up to $6 Billion",
        "url": "https://urgent.news/2026/09/09/i-am-the-house-now-u-s-treasury-secretary-scott-bessent-dares-6450092",
        "published": "2026-09-09T17:25:01.000Z"
      },
      {
        "outlet": "The National UAE",
        "title": "Treasury triples bond buy-back programme to $6bn",
        "url": "https://urgent.news/2026/09/09/treasury-triples-bond-buy-back-programme-to-6bn",
        "published": "2026-09-09T19:12:53.000Z"
      }
    ]
  },
  "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."
}