U.S. Treasury Secretary Scott Bessent indicated on Thursday that the government may further enlarge its bond buyback program beyond current plans. Speaking to CNBC, Bessent said the Treasury could raise repurchase volumes above the $4 billion per issue threshold initially proposed.
The remarks follow a market reaction on Wednesday, when the Treasury announced plans to double its bond buyback operations. The surprise move caught investors off guard, prompting immediate scrutiny of the program’s scale and potential impact on liquidity and yields.
Bessent did not specify a new target size but emphasized flexibility in adjusting the program’s scope. The Treasury has not detailed the exact timing or criteria for any potential expansion, though the buyback initiative remains a key tool for managing debt and supporting market stability.
