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Treasury Doubles Bond Buybacks to Stabilize Markets | Durham News
Treasury’s bold move to double its bond buyback program—now targeting $4 billion per operation, possibly more—is a last-ditch effort to calm jittery markets after a brutal trading day marked by rising yields, surging oil prices, and Walmart’s disappointing sales. With global bond pressure mounting and investors spooked by Fed policy uncertainty, the Treasury is deploying a multi-pronged strategy: stabilizing markets through intervention, exploring currency moves involving the yen and peso, and even eyeing fiscal consolidation—all while urging investors to focus on fundamentals, not headlines…
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