First US Treasury Buybacks in Decades Aim to Spur Liquidity

The US Treasury Department building in Washington, DC.
Photographer: Stefani Reynolds/Bloomberg

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By Chris Anstey

May 3, 2023 at 6:17 PM UTC

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The US Treasury’s unexpectedly quick rollout of a program to buy back some outstanding debt securities suggests officials hope it will improve trading in the world’s biggest bond market.

The Treasury on Wednesday said that it will begin “regular and predictable” purchases of Treasuries sometime in the 2024 calendar year in the first buyback program since 2000.