Anonymous ID: 7e2831 Aug. 20, 2026, 9:45 a.m. No.24955890   🗄️.is 🔗kun   >>5893

Well, actually, Treasury Secretary Scott Bessent directly addressed the situation on Wednesday by unexpectedly increasing government buybacks of bonds dated between 10 and 30 years by more than double. It was interpreted as a clear attempt to ease surging bond yields.

 

Did it work?

 

Actually, yes! For one day at least. As the chart below shows, the 30-year Treasury yield fell as much as 15 basis points intraday, its biggest drop in at least the past year. The 10-year yield tumbled as well. And major US stock indexes climbed on the relief.