"Going All-In to Stop Market Chaos!" US Treasury Chief Bessent Hints Debt Buybacks Could Smash Past $4 Billion!

In a massive signal to global financial markets, US Treasury Secretary Scott Bessent has revealed that the US government is prepared to purchase even more than the newly doubled $4 billion limit per operation to rescue the struggling bond market. Bessent emphasized that liquidity in the 30-year government bond market has turned "very poor" and that soaring borrowing costs do not reflect true economic fundamentals. Asserting that the Treasury has a "big toolkit" at its disposal, he made it clear that the government will pump in whatever cash is necessary to prevent bond yields from running wild.

This aggressive intervention comes as America's total national debt officially crossed a record-shattering $40 trillion (nearly ₹330 lakh crore) this week, creating immense pressure on government budgets and global lenders. Big private investors had staged a "buyers' strike" on older 10-year, 20-year, and 30-year bonds, forcing the Treasury to step onto trading floors as a guaranteed mega-buyer. To soothe fears that massive money injections will trigger fresh inflation, Bessent added that the administration is preparing to announce strict fiscal consolidation measures to review spending and revenues alongside the buyback blitz.