Treasury: US Doubles Buybacks to Hold 30-Year Yield Below 5%
US Treasury doubles longer-dated debt buybacks to $4B per operation starting Sept 9 as 30 year treasury yield pressure mounts after $40 trillion public debt milestone.
SourceAnalysis
US Treasury escalated intervention on August 19 by doubling maximum buybacks of longer-dated debt from $2 billion to $4 billion per operation, running from September 9 through November 4, after total US public debt crossed $40 trillion.
The move came outside the normal quarterly refunding calendar and failed to hold yields lower for even two days, prompting further signals from Treasury Secretary Bessent that buybacks could exceed the new cap and that the Treasury General Account near $950 billion may fund purchases directly.
Direct use of cash reserves would inject liquidity into markets, a step historically supportive for Bitcoin and risk assets amid ongoing efforts to keep the 30 year treasury yield below 5%.
Bull Theory
@BullTheoryioResearch, Trades, onchain plays and all other crypto stuff simplified.Publishes institutional-grade cryptocurrency research and blockchain market intelligence. Delivers in-depth analysis of on-chain metrics, tokenomics, and decentralized finance (DeFi) ecosystems. Features proprietary data models, investment thesis breakdowns, and macro-level crypto trend forecasts. Provides strategic insights for sophisticated investors navigating digital asset markets. Maintains rigorous methodology in fundamental and technical analysis across crypto assets.
Premium Sponsors
.jpg)