Matt Cole

Stories

Treasury triples long-term debt buybacks as yields hit 2007 levels

As of October 2026: Skeptical of buyback effectiveness

Treasury accepted $4.08 billion of 20- to 30-year bonds on Sept. 24, below the $6 billion cap, even after investors offered $10.47 billion. The 30-year yield then touched 5.474%, its highest since June 2004, and the 10-year reached 5.18%.

Updated Oct 4