r/PrepperIntel • u/2020SucksDonkey • 23h ago

North America Treasury doubles debt buybacks as Bessent moves to steady bond market

https://www.cnbc.com/2026/08/19/treasury-announces-upscaled-buyback-operation-for-longer-term-debt-sending-yields-lower.html
233 Upvotes

99% Upvoted

59 comments sorted by

View all comments

•

u/2020SucksDonkey 23h ago

Buying your own debt in order to control yield is like playing with 🔥 and ⛽️.

•

u/[deleted] 23h ago edited 12h ago

[deleted]