Bessent runs another $6bn Treasury buyback as 10-year yield posts worst quarter in over 30 years

The US Treasury, under Secretary Scott Bessent, is conducting another $6 billion buyback of 10-20 year debt as a liquidity operation to stabilise the Treasury market. The move comes as the 10-year yield surged 87bps over the quarter, its worst in more than 30 years.

Detected & updated continuously · Source: Nebula