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US 30-Year Bonds Erase Gains From Bessent’s Buyback Plan

Bloomberg Markets Thursday 20 August 2026, 14:23 UTC 1 min read
Key Points

US bonds unwound all of the gains that followed Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt. The moves pushed the 30-year yield on Thursday back to levels seen just before the Treasury’s announcement a day prior. Ira Jersey of Bloomberg Intelligence has more.

US bonds unwound all of the gains that followed Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt. The moves pushed the 30-year yield on Thursday back to levels seen just before the Treasury’s announcement a day prior. Ira Jersey of Bloomberg Intelligence has more. (Source: Bloomberg)
US (LOCATION) Bessent (PERSON) Treasury (ORG) Scott Bessent (PERSON) Ira Jersey (LOCATION) Bloomberg Intelligence (ORG) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →

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