Bond market rebuffs US treasury’s plan to buy back $6bn in government debt
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Bonds category. Published on September 9, 2026 • Originally reported by Lauren Aratani. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Bonds category. Published on September 9, 2026 • Originally reported by Lauren Aratani. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Scott Bessent made announcement on Wednesday as bond yields rose to highest point since 2008 financial crisis
The US treasury moved to cut the cost of borrowing on Wednesday only to be swiftly rebuffed by the bond market.
Scott Bessent, the treasury secretary, announced the US would buy back $6bn worth of government debt – treasuries – in an effort to alleviate a selloff in the US bond market that has put pressure on interest rates.
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