US Treasury Secretary Scott Bessent says the Treasury’s security buyback operation could be more than $4 billion per issue. The remarks focus on the scale of planned purchases of specific Treasury securities.
Bessent’s comments indicate the buybacks are intended to support market functioning, particularly in longer-dated securities. CNBC reports he characterizes the approach as the Treasury “making a market” in maturities where yields have been rising recently.
Other outlets covering the same statement repeat the threshold figure and the general intent of the operation, without adding separate figures or policy details. Together, the reports present a consistent message: the Treasury may increase the size of buybacks beyond $4 billion for individual issues, with attention on longer-duration segments where market conditions have been tightening.