The David Lin Report · Tuesday, August 25, 2026
The United States Treasury announced it will double its buybacks of long-term government bonds to attempt to control the long end of the yield curve. This move follows previous interventions, including a significant buyback program and support for the Japanese Yen, as the US national debt approaches $40 trillion.
“And Wednesday, August 19th, the United States Treasury announced it will double its buybacks of long-term government bonds to cap the long end of the yield curve.”
“The world's largest borrower stepped into the market to support the price of its own debt.”
“It's second intervention in three weeks, after the treasury moved to prop up the Japanese Yen on July 31st.”