Treasury Secretary Scott Bessent said in a CNBC interview on Thursday that the Treasury's buyback operation could be larger than the previously announced $4 billion. He indicated that the department is prepared to 'make a market' in longer-dated securities, signaling a more active role in supporting liquidity.
The comments come as the Treasury continues to implement its regular buyback program, which was reintroduced in 2025 to improve market functioning. The exact size of the accelerated operation has not been officially confirmed beyond Bessent's remarks.
Market analysts note that any increase in buybacks could help stabilize longer-term yields, though the impact remains to be seen. The Treasury has not yet released a detailed schedule for the accelerated purchases.
