$OWOOWO Price

On August 25, U.S. Treasury Secretary Becerra did not provide further signals regarding U.S. debt operations at the 'Economic D-Day' press conference. Previously, due to the 30-year U.S. Treasury yield reaching its highest point since 2007, Becerra unexpectedly announced an expansion of the long-term Treasury buyback program. According to the plan, from September 9 to November 4, the minimum amount for each buyback will increase from $2 billion to $4 billion. When asked if the buyback would be further expanded, Becerra responded, 'We haven't bought a single bond yet; the next operation will wait until September 9.' Just recently, he hinted that the buyback scale might exceed the newly set lower limit, but this statement was noticeably more restrained. Analysts pointed out that Treasury buybacks are essentially a routine and predictable debt management tool, not an emergency measure to address market pressures. Previously, Becerra claimed to have 'a full set of tools' to stabilize the bond market, leading to speculation that the Treasury might reduce the issuance of long-term Treasuries. Regarding whether there would be a reduction in long-term bond auction sizes, Becerra stated that the Treasury would 'proceed according to the regular issuance plan' and suggested that specific arrangements would be revealed in the next quarter's refinancing announcement.

On August 25, U.S. Treasury Secretary Becerra did not provide further signals regarding U.S. debt operations at the 'Economic D-Day' press conference. Previously, due to the 30-year U.S. Treasury yield reaching its highest point since 2007, Becerra unexpectedly announced an expansion of the long-term Treasury buyback program. According to the plan, from September 9 to November 4, the minimum amount for each buyback will increase from $2 billion to $4 billion. When asked if the buyback would be further expanded, Becerra responded, 'We haven't bought a single bond yet; the next operation will wait until September 9.' Just recently, he had hinted that the buyback scale might exceed the newly set lower limit, and this statement shows a clear retreat. Analysts point out that Treasury buybacks are essentially a routine, predictable debt management tool, not an emergency measure to respond to market pressures. Previously, Becerra claimed to have 'a full set of tools' to stabilize the bond market, leading to speculation that the Treasury might reduce the issuance of long-term Treasuries. Regarding whether the scale of long-term bond auctions will be reduced, Becerra stated that the Treasury will 'proceed according to the regular issuance plan' and hinted that specific arrangements will be revealed in the next quarter's refinancing announcement.

On August 25, U.S. Treasury Secretary Bencet stated at a press conference regarding the financial showdown with Iran: No one can override U.S. sanctions, and any entity facilitating money laundering for Iran will be removed from the dollar system. World leaders must make decisions, and actions regarding the Iran issue will begin today. There will be no specific timeline set for severing ties with Iran; we do not have infinite patience. We are communicating with every country to inform them of our expectations.