The Zhitong Finance App learned that at a time when long-term US bond yields have recently climbed to a high level for many years, the US Treasury unexpectedly announced that it will step up repurchases of long-term US bonds. Just after announcing the current quarter's bond repurchase plan two weeks ago, the US Treasury Department said on Wednesday that it would “at least double the scale of liquidity support repurchase operations” for bonds in the 10-30 year range. US Treasury Secretary Bezent launched a bond repurchase program last year and sees it as part of the Treasury's “complete set of tools that can be introduced when necessary” to deal with disruptions in the US bond market.

The Zhitong Finance App learned that at a time when long-term US bond yields have recently climbed to a high level for many years, the US Treasury unexpectedly announced that it will step up repurchases of long-term US bonds. Just after announcing the current quarter's bond repurchase plan two weeks ago, the US Treasury Department said on Wednesday that it would “at least double the scale of liquidity support repurchase operations” for bonds in the 10-30 year range. US Treasury Secretary Bezent launched a bond repurchase program last year and sees it as part of the Treasury's “complete set of tools that can be introduced when necessary” to deal with disruptions in the US bond market.