Storyline
Bessent's Treasury Bond Buyback Intervention
Treasury Secretary Scott Bessent announced surprise long-term Treasury bond buybacks to combat rising US borrowing costs and stabilize the bond market. The move, drawing comparisons to the Federal Reserve's past crisis-fighting strategies, has sparked debate among analysts about its effectiveness and potential side effects on inflation and currency markets.
Scott BessentUS Treasury DepartmentBond marketFederal ReserveUS dollar
2026-08-21
- Wall Street is bemused by Bessent’s bond plan and the unwinding punt on the Japanese yen—he’s hinting he knows something the markets don’t
- Is Bessent Facing a Bond Market Credibility Issue?
- Longer-dated Treasury yields rise as Bessent's bond buyback rally fizzles out
- Scott Bessent takes on bond vigilantes in $32tn Treasury market
- Vance: Bessent has ‘very discreet plan’ to shrink $40 trillion national debt
2026-08-20
- Buyback-fueled Treasury Rally Cools; US Public Debt Hits $40T | Bloomberg Brief 08/20/2026
- Treasury Action Not a Fed Game Changer for September, Says Evercore’s Guha
- Bessent’s $4 billion bond plan is like ‘rearranging deckchairs on the Titanic given the U.S. national debt of $40 trillion,’ ING says
- Fed’s Warsh Needs to Launch Operation Twist, Academy’s Tchir Says
- Scott Bessent Is Moving Markets Everywhere, With a Lot at Stake
- Why Bessent’s Treasury operations have breathed life back into the gold trade
- Treasury Buyback Gives Gold Another Lease of Life, UBS Says
- Bessent’s Plan at Best ‘Circuit Breaker’ for Global Bond Slump
- Aegon Sticks With Winning Steepener Bet Despite US Bond Buying
- Dollar Risks Becoming Biggest Loser From Bessent’s Bond Buying
- Can the US Successfully Battle Rising Borrowing Costs?