Treasury to Launch Large-Scale Repo Ops, Bessent Says Policy Tools Can Lower Yields

Published: Aug 25, 2026 11:31

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[SMM Precious Metal Express] Treasury Secretary Bessent stated that the upcoming long-term Treasury repurchase operations may exceed $4 billion per session, and the government has "ample policy tools" to lower yields, adding that current yields do not reflect economic fundamentals. Yields initially fell after his remarks but later pared some losses. Markets are watching for further details on the repurchase operations.

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