#USTreasuryToBuyBackUpTo6Billion The U.S. Treasury is set to buy back up to $6 billion of longer-dated government bonds, in a major expansion of its efforts to support liquidity in the Treasury market. The operation targets Treasury securities with maturities of 10 to 20 years and is scheduled for September 10, 2026.

The move is three times the size of the Treasury’s previous long-dated buyback operation. Treasury had previously indicated that it would increase longer-term buybacks to at least $4 billion per operation as part of a broader strategy to improve market functioning.

The program focuses on older, less-liquid Treasury securities. By purchasing these bonds, officials hope to improve liquidity and make it easier for investors to trade them, particularly during periods of market stress.

The announcement comes as bond yields have climbed sharply. The 10-year Treasury yield recently reached around 4.85%, while longer-term yields have also risen amid inflation concerns, heavy government borrowing and geopolitical uncertainty.

However, some investors believe the $6 billion operation may be too small to significantly change the broader bond-market trend. Goldman Sachs has also argued that buybacks cannot address the underlying fiscal pressures driving long-term yields.

Overall, the buyback represents an important Treasury liquidity measure, but its impact on yields and borrowing costs remains uncertain.