Instant View: US Treasury will double some bond buy backs

Instant View: US Treasury will double some bond buy backs Reuters Wed, August 19, 2026 at 9:43 AM EDT 2 min read LONDON, Aug 19 (Reuters) - U.S. long-dated Treasury yields fell sharply on Wednesday from around their highest level in 19 years, in a move that followed ‌the U.S. Treasury announcing it would double the size of liquidity support buy-back ‌operations for longer-dated bonds. Thirty-year U.S. bond yields fell almost 10 basis points (bps) to around 5.187%, and were last trading ​about 7 bps lower on the day. More from Yahoo Scout The U.S. Treasury Department said on Wednesday it would double the size of liquidity support buyback operations for longer-dated nominal coupon securities from $2 billion to at least $4 billion per operation. The change, which will apply to the 10-year to 20-year sector ‌and the 20-year to 30-year sector, ⁠will be effective Sept. 9 through Nov. 4, it said in a statement. COMMENTS: JEREMY STRETCH, HEAD OF G10 FX STRATEGY, CIBC, LONDON: "What we've seen ⁠in the course of recent days is that the long end of the bond market has obviously been selling off and potentially becoming somewhat problematic for the play through to other asset ​classes. "So, clearly, ​the Treasury Secretary has to be mindful of ​those risks and has made adjustments. ‌That's why we are (now) seeing US 30-year Treasury yields down sharply and the dollar cheapening. "The are still concerns about inflation, the debt profile in the G4, the impact of AI. "But this measure shows…