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Treasury's Bessent says upsized bond buybacks could increase further

Kitco Media
By Reuters
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Reuters
Treasury's Bessent says upsized bond buybacks could increase further teaser image

Aug 20 (Reuters) - U.S. Treasury Secretary Scott ​Bessent on ‌Thursday said he may increase ​again the ​volume of Treasury ⁠bonds the ​government will repurchase, ​a day after surprising the market ​with ​plans to double them.

"We're ‌going ⁠to increase the size of the buyback," ​Bessent ​said ⁠in a CNBC ​interview. "I would ​note ⁠that it could be ⁠more ​than ​the $4 billion per issue."

Reporting ​By Dan Burns

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