Key Takeaway
Scott Bessent made announcement on Wednesday as bond yields rose to highest point since 2008 financial crisisUS politics live – latest updatesThe US treasury will buy back $6bn worth of government debt in an effort to alleviate a sell-off in the US bond market, the treasury secretary, Scott Bessent, announced on Wednesday. Rising inflation and uncertainty from the war in…
Published September 9, 2026 · Category: News
Overview
Scott Bessent made announcement on Wednesday as bond yields rose to highest point since 2008 financial crisis
The US treasury will buy back $6bn worth of government debt in an effort to alleviate a sell-off in the US bond market, the treasury secretary, Scott Bessent, announced on Wednesday.
Details
Rising inflation and uncertainty from the war in Iran have spooked investors from US bonds, what has historically been known to be one of the safest investment vehicles. Treasury yields have been rising, with the yield for the 30-year treasury bond hitting about 5.2% – the highest yield since the 2008 financial crisis.
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Source
Originally published at www.theguardian.com.
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What is "US treasury to buy back $6bn in government debt to alleviate bond market" about?+
Scott Bessent made announcement on Wednesday as bond yields rose to highest point since 2008 financial crisisUS politics live – latest updatesThe US treasury will buy back $6bn worth of government debt in an effort to alleviate a sell-off in the US bond market, the treasury secretary, Scott Bessent, announced on Wednesday.Rising inflation and uncertainty from the war in Iran have spooked investors from US bonds, what has historically been known to be one of the safest investment vehicles. Treasu
Who reported this story?+
This story was reported by The Guardian World.