Treasury doubles debt buybacks as Bessent moves to steady bond market

Only right-leaning outlets are covering this.

How each outlet headlined it

• CNBC left

  Treasury doubles debt buybacks as Bessent moves to steady bond market
• Bloomberg center

  The US Treasury says it will be buying back more longer-dated debt, a move designed to stop the surge in long-end yields. Former St. Louis Fed President James Bullard says this seems like an important tactical move, but it won't change the fundamentals. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
• Reuters

  US Treasury will double some bond buy backs: Instant View reut.rs/3SI5Ev1
• Moomoo

  Bitcoin Could Benefit From U.S. Treasury's Plan to Boost Debt Buybacks -- Market Talk
• Politico left

  Treasury announces move to buy back more US debt after days of bond market pain
• The Hill center

  The Treasury Department on Wednesday said it will increase the maximum amount of U.S. debt it can buy back, a move met with declining bond yields and rising stocks. Starting next month, the Treasury plans to double the maximum value of longer-dated securities, specifically in the 10-to-20-year and the 20-to-30-year sectors, it allows itself to…
• Bloomberg News center

  Government borrowing costs have been reaching multiyear highs around the world and the US Treasury is now taking action to rein in long-dated bond yields. Here’s what to know.
• The Washington Post left

  The Treasury Department doubled the amount of government debt it can buy back, sending bond yields plummeting and boosting financial markets. The decision came just after Treasury bond yields reached their highest level since 2007.