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The US Treasury said it will purchase up to $6 billion of longer-dated government debt in the first operation under an expanded buybacks program, showcasing Secretary Scott Bessent’s resolve to stem the recent rise in borrowing costs.

4 outlets ·Finance ⚠ Right blindspot
1 left · 2 center · 0 right

Only left-leaning outlets are covering this.

How each outlet headlined it

  • Bloomberg center
    The US Treasury said it will purchase up to $6 billion of longer-dated government debt in the first operation under an expanded buybacks program, showcasing Secretary Scott Bessent’s resolve to stem the recent rise in borrowing costs.
  • Financial Times center
    Scott Bessent seeks to steady government debt market with expanded purchase programme
  • CNBC left
    The Treasury Department on Wednesday said it will buy back $6 billion of government debt in an operation aimed at keeping bond markets functioning. Full details: cnb.cx/3V5vtpH
  • WSJ Markets
    The U.S. Treasury raised the size of its planned buyback operation for Treasurys maturing in 10 to 20 years to $6 billion, triple the typical amount.
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