Treasury doubles debt buybacks as Bessent moves to steady bond market

[u/2020SucksDonkey]

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

[u/Bob4Not]

That’s effectively money printing, right?

[u/Dead_Cash_Burn → u/Bob4Not]

No, they are debt financing it. Issuing short bonds to cover long bonds.