The US Treasury says it will be buying back more longer-dated debt, a move designed to stop the surge in long-end yields. Former St. Louis Fed President James Bullard says this seems like an important tactical move, but it won't change the fundamentals.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-19/boosting-bond-buybacks-is-tactical-move-bullard-says-video)