U.S. Treasury Secretary Bessent is poised to unveil plans to expand the scale of the U.S. Treasury buyback program, a move aimed at suppressing yields that Wall Street is watching closely.
The U.S. Treasury Department is scheduled to announce on Wednesday (the 9th) the size of the buyback operation set for the following day, targeting outstanding U.S. Treasury securities with remaining maturities of approximately 10 to 20 years. Based on past practice, the announcement is likely to be made at 11:00 a.m. Washington time (11:00 p.m. Taiwan time on the 9th).