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US 30-Year Bonds Erase Gains From Treasury’s Buyback Surprise
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August 20, 2026
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4:31Now PlayingUS bonds unwound all of the gains that followed Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt, a sign that investors see it as only a short-lived remedy to curb borrowing costs.
Jonathan Levin, Bloomberg Opinion Columnist, reacts to the treasury market moves.
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