The Treasury’s surprise decision to at least double buybacks of longer-dated US debt briefly pushed yields lower, but much of that move quickly reversed as investors questioned whether the intervention can overcome inflation and fiscal concerns. PIMCO Executive VP, Market Strategist and Generali...
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-23/treasury-buybacks-fail-to-calm-bond-market-video)