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Treasury may use $1T fund for bond buybacks; Jersey Mike's gets strong Buy ratings post-IPO; Archer advances LA air-taxi plan.

Market News
24 Aug 2026
Seeking Alpha
View Source
Bullish
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Treasury Secretary Scott Bessent might use the Treasury's nearly $1 trillion General Account to finance expanded long-term government bond buybacks, potentially changing market expectations. Jersey Mike's Subs received multiple Buy ratings after its IPO quiet period, signaling strong analyst confidence despite some caution. Archer Aviation secured exclusive air-taxi rights at L.A. Live, advancing its network ahead of the 2028 Olympics. Additionally, Yum China expanded Pizza Hut's burger bar concept, boosting sales and profits in China's fast-food sector.

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