US Treasury to stick to debt auction schedule despite bigger buybacks, Bessent says

Bitwise's Gordon Grant Says Treasury Volatility Is Fueling Bitcoin's $80K Run

Bitcoin’s rebound toward $80,000 has as much to do with the U.S. bond market as with crypto, Gordon Grant, head of derivatives at Bitwise, said on Bits + Bips on Monday. He argued that the Treasury’s push to expand long-end debt buybacks worked mainly as a signal, and that the same volatility unsettling long-dated Treasurys is what is pushing Bitcoin higher. The backdrop is a strained bond market. The 30-year Treasury yield had climbed to a 19-y…

Bessent says Treasury auctions will continue as usual despite expanded buyback program

Treasury Secretary Scott Bessent said on Monday that the regularly scheduled Treasury auctions of U.S. debt are expected to continue per usual after his agency announced an increase in the size of buybacks of longer-dated securities.Bessent spoke Monday at a press conference to discuss a new plan for the "economic asphyxiation" of the Iranian regime through the implementation of secondary sanctions on Iran's trading partners.During the press con…

US Treasury to stick to debt auction schedule despite bigger buybacks, Bessent says

By David Lawder and Dan Burns WASHINGTON, Aug 24 (Reuters) - The U.S. Treasury will continue with its regularly scheduled debt auctions, including for long-dated bonds, despite its move to increase buyback sizes of 10- to 30-year securities, Treasury S...

US Treasury to maintain bond auction schedule despite larger buybacks

The US Treasury plans to keep its regular schedule of debt auctions, including sales of longer-dated bonds, even as it expands its programme of Treasury buybacks, according to a report by Reuters citing comment made by Secretary Scott Bessent on Monday. Speaking at a press conference focused on new sanctions against Iran, Bessent said the department would proceed with the auction programme outlined earlier this month. The Treasury has not yet pu…

US Treasury to stick to debt auction schedule despite bigger buybacks, Bessent says – PR informa

The U.S. Treasury will continue with its ⁠regularly ⁠scheduled debt auctions, including for long-dated bonds, despite its ⁠move to increase buyback sizes of 10- to 30-year securities, Treasury Secretary Scott Bessent said on Monday. Asked at a ​news conference focused on Iran sanctions about Treasury’s plans for bond buybacks and auction sizes going forward, Bessent said the department would “continue with our regular program of auctions” announ…

Financial News Network - Bessent says Treasury auctions will continue as usual despite expanded buyback program

Scott Bessent confirmed Treasury auctions will continue as scheduled while the new buyback structure for longer-dated securities takes effect Sept. 9.Read More …