US bonds unwound all of the gains that followed Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt. The moves pushed the 30-year yield on Thursday back to levels seen just before the Treasury’s announcement a day prior. Ira Jersey of Bloomberg Intelligence has more.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-20/us-30-year-bonds-erase-gains-from-bessent-s-buyback-plan-video)