Treasury Plans $6 Billion in Debt Repurchases to Battle Rising Yields (Gift Article)

When Bessent announced his Treasury buy-back program three weeks ago, I immediately warned that it was destined to fail and that the short-term impact would quickly reverse. He's just announced he's doubling the program, and markets are reacting with dismay--stocks down and bond yields up sharply.

“The bond market issued a swift rebuke on Wednesday to the Trump administration’s latest attempt to lower borrowing costs, as the 10-year Treasury yield rose to its highest level in roughly three years.” www.nytimes.com/2026/09/09/b...

Smooth move Bessent. Not like the Trump regime is filled with stable geniuses. The bond market issued a swift rebuke on Wed. to the Trump admin’s latest attempt to lower borrowing costs, as the 10-year Treasury yield rose to its highest level in roughly 3 yrs. #Bessent #BondMarket #Blues #ShedShed

www.nytimes.com/2026/09/09/b...

I recall this anecdote from Woodward’s book on the first days of the Clinton Administration after WJC was told many of his plans couldn’t be enacted because they’d “spook the bond market.” WJC: When I die, I want to comeback as bond market. Staffer: Why? WJC: Nobody fucks with the bond market.

Bond Market Rebuffs Treasury’s $6 Billion Plan to Reduce Borrowing Costs www.nytimes.com/2026/09/09/b...

The 10 year bond yield rises despite US Treasury's $6 Billion plan. www.nytimes.com/2026/09/09/b...

www.nytimes.com/2026/09/09/b... FFS

I'm no economist, but if the Treasury buys back a bunch of debt, won't this spark more inflation? www.nytimes.com/2026/09/09/b...

So Bessent is borrowing $6 billion to pay back $6 billion with higher interest. What? He's playing games again. www.nytimes.com/2026/09/09/b...

The framing assumes Treasury needs investor approval to manage its own debt. A currency issuer doesn't negotiate with bond markets; it sets rates and operates its balance sheet. This is politics dressed as finance. #MMT #Economics #UKPolitics #USEconomics

Scott Bessent spent years betting on markets. Now, as Treasury secretary, he boasts: “I am the house now.” That’s not confidence; it’s hubris with a government balance sheet. Markets have a nasty habit of collecting from people who mistake power for omniscience. ⬂ www.nytimes.com/2026/09/09/b...

Bond Market Rebuffs Treasury’s $6 Billion Plan to Reduce Borrowing Costs www.nytimes.com/2026/09/09/b...

what do i keep telling you scott the market's always right scott www.nytimes.com/2026/09/09/b...

Bond Market Rebuffs Treasury’s $6 Billion Plan to Reduce Borrowing Costs www.nytimes.com/2026/09/09/b...

This is what happens when you hire the most unqualified people

Interest rates on US Treasury bills are rising and will increase credit card/car loan/education loans/mortgage rates/etc. #GOP/#Trump economy hugely increased national debt and gutted healthcare/social services/education/R&D, but the oligarchs are profiting mightily. www.nytimes.com/2026/09/09/b...

"Bond Market Rebuffs Treasury’s $6 Billion Plan to Reduce Borrowing Costs" "The 10-year yield rose to its highest level in three years, suggesting investors were underwhelmed by the details of a move to buy back government bonds."

www.nytimes.com/2026/09/09/b...

Bond Market Rebuffs Treasury’s $6 Billion Plan to Reduce Borrowing Costs www.nytimes.com/2026/09/09/b...

Is this what Bessent meant when he said Trump's in overdrive? "The bond market issued a swift rebuke on Wednesday to the Trump administration’s latest attempt to lower borrowing costs, as the 10-year Treasury yield rose to its highest level in roughly three years." www.nytimes.com/2026/09/09/b...

Bond Market Rebuffs Treasury’s $6 Billion Plan to Reduce Borrowing Costs www.nytimes.com/2026/09/09/b...

🎁Bond Market Rebuffs Treasury’s $6 Billion Plan to Reduce Borrowing Costs The 10-year yield rose to its highest level in three years, suggesting investors were underwhelmed by the details of a move to buy back government bonds. By Joe Rennison Alan Rappeport Sept. 9 www.nytimes.com/2026/09/09/b...

Bond Market Rebuffs Treasury’s $6 Billion Plan to Reduce Borrowing Costs www.nytimes.com/2026/09/09/b... #bonds #yields #bessent #interestrates #dollar #Treasuries #markets

www.nytimes.com/2026/09/09/b...

www.nytimes.com/2026/09/09/b...

Treasury Plans $6 Billion in Debt Repurchases to Battle Rising Yields www.nytimes.com/2026/09/09/b...

You mean ... gasp ... Bessent *doesn't* have a solid grasp of economics? www.nytimes.com/2026/09/09/b...

“I have asymmetric information. I am the house now.” He actually believed it too. Oops. www.nytimes.com/2026/09/09/b...

www.nytimes.com/2026/09/09/b...

Claiming he is the “House,” #TreasurySecretary, #ScottBessent, failed to convince the #BondMarket his Treasury $6 Billion Plan will reduce borrowing costs as the 10-year yield rose to its highest level in three years. Another #Trump appointment that is failing. www.nytimes.com/2026/09/09/b...

Bond Market Rebuffs Treasury’s $6 Billion Plan to Reduce Borrowing Costs www.nytimes.com/2026/09/09/b...

2 few weeks ago I started moving to much higher cash levels Bessent's comments make me feel MUCH more confident about the decision I can’t believe his level of hubris I'd be wary of casting my lot with Bessent & Trump & await an avalanche of Biden/Powell criticism www.nytimes.com/2026/09/09/b...

www.nytimes.com/2026/09/09/b...

Treasury Plans $6 Billion in Debt Repurchases to Battle Rising Yields Bond yields rose after the announcement, suggesting investors were underwhelmed by the size of the purchases.

Yields rose in response to this. Treasury Plans $6 Billion in Debt Repurchases to Battle Rising Yields www.nytimes.com/2026/09/09/b...

Treasury Plans $6 Billion in Debt Repurchases to Battle Rising Yields www.nytimes.com/2026/09/09/b...

The "bond market" issued a swift rebuke on Wednesday to the Trump administration’s latest attempt to lower borrowing costs, as the 10-year Treasury yield rose to its highest level in roughly 3 years. #Bessent said on Wednesday morning that he would repurchase up ... By Joe Rennison, Alan Rappeport

Bessent is throwing everything he has at interest rates; mostly that means bond buybacks. Bless his heart ...

Where are they getting all of this money? Buying back debt? Paying voters to vote for them? (1000 billions)? Endless munitions? Renovations? www.nytimes.com/2026/09/09/b...

How does that line go? His ego is writing checks his body can't cash. Or something like that. Egotistical bastard. www.nytimes.com/2026/09/09/b...

This has the potential to be very significant.

The Treasury is launching a bond buyback program to raise prices and lower yields, and the market responds by doing the opposite. It’s almost as if market participants dont trust the Trump Administration. www.nytimes.com/2026/09/09/b...

www.nytimes.com/2026/09/09/b... LOL! Bessent is a fool. And a tool.

The 10-year yield rose to its highest level in three years, suggesting investors were underwhelmed by the details of a move to buy back government bonds. www.nytimes.com/2026/09/09/b...

www.nytimes.com/2026/09/09/b... International capital is mobile and does not wear a baseball cap. High levels of debt presage slower economic growth and even higher interest rates. MAGA has impoverished America for generations to come. #USApoli #economics #debt

Bond Market Rebuffs Treasury’s $6 Billion Plan to Reduce Borrowing Costs www.nytimes.com/2026/09/09/b...

Bond Market Rebuffs Treasury’s $6 Billion Plan to Reduce Borrowing Costs www.nytimes.com/2026/09/09/b... The 10-year yield rose to its highest level in three years, suggesting investors were underwhelmed by the details of a move to buy back government bonds.

Surprise…🤦‍♀️

www.nytimes.com/2026/09/09/b...

"The bond market issued a swift rebuke to the Trump administration’s latest attempt on Wednesday to lower borrowing costs, as the 10-year Treasury yield rose to its highest level in roughly three years." www.nytimes.com/2026/09/09/b...

Bond Market Rebuffs Treasury’s $6 Billion Plan to Reduce Borrowing Costs www.nytimes.com/2026/09/09/b...

www.nytimes.com/2026/09/09/b... Another failed Trump cabinet Secretary. This fool should go home to his husband and stop fucking up the US economy.

Bond Market Rebuffs Treasury’s $6 Billion Plan to Reduce Borrowing Costs www.nytimes.com/2026/09/09/b...

Ruh roh... “…with the interest rate on the new debt the highest the government has paid in 20 years.”

Looks like we might not even have to bother www.nytimes.com/2026/09/09/b...

the bond market knows bessent is a fool www.nytimes.com/2026/09/09/b...

Trump took control of Fed and market lost belief in USD stability. www.nytimes.com/2026/09/09/b...

Bond Market Rebuffs Treasury’s $6 Billion Plan to Reduce Borrowing Costs www.nytimes.com/2026/09/09/b... I’m old enough to remember when Joe Biden left us with a “Goldilocks Economy”. 🤦‍♂️🤦‍♂️🤬 #TrumpsEconomy #GOPTrickleDownMess

Once you start working for Mr. Stupid (aka DJT), you get stupid. www.nytimes.com/2026/09/09/b...

www.nytimes.com/2026/09/09/b...

The financial elite donor appear to be euphoric over Donald Trump’s management of the economy. www.nytimes.com/2026/09/09/b...

Bond Market Rebuffs Treasury’s $6 Billion Plan to Reduce Borrowing Costs www.nytimes.com/2026/09/09/b...

My head is killing me from banging it against the wall. www.nytimes.com/2026/09/09/b...

Treasury Plans $6 Billion in Debt Repurchases to Battle Rising Yields (New York Times) Main Link | memeorandum Permalink

Treasury Plans $6 Billion in Debt Repurchases to Battle Rising Yields www.nytimes.com/2026/09/09/b... Despite criticism he is trying to bend markets to his will,Bessent:he knows more than investors & has power to dictate how markets will behave.taking risk,I have asymmetric info.I am the house now

www.nytimes.com/2026/09/09/b...

It didn't work a week or so ago, but he thinks now it'll work. Fudging with our economy is not going to work with Trump's imbacilic policies and war. Even Bessent's buddies think this is crazy. www.nytimes.com/2026/09/09/b...

[NYT] TREASURY PLANS $6 BILLION IN DEBT REPURCHASES TO BATTLE RISING YIELDS

🎁 www.nytimes.com/2026/09/09/b...