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US Treasury to buy back $6B in debt to support bond markets and cap yields

Market News
09 Sep 2026
CNBC
View Source
Bearish
US Treasury to buy back $6B in debt to support bond markets and cap yields

The US Treasury announced a $6 billion buyback of government debt, tripling its usual operation to maintain liquidity in the 10- and 20-year bond markets. This move aims to curb rising Treasury yields, which reached levels not seen since before the 2008 financial crisis. Despite the buyback, yields continued to climb, influenced by factors like soaring government debt, inflation concerns, and high energy prices. The buyback will occur in a 20-minute operation, reflecting an unusual but strategic effort to stabilize the market amid economic pressures.

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