US to Buy Back Up to $6 Billion in Longer-Dated Treasuries

The US Treasury said it will purchase up to $6 billion of longer-dated government debt on Thursday, in line with the first such operation under Secretary Scott Bessent’s expanded program...

By Greg Ritchie · Bloomberg Markets

The US Treasury said it will purchase up to $6 billion of longer-dated government debt on Thursday, in line with the first such operation under Secretary Scott Bessent’s expanded program to stem the recent rise in borrowing costs.