Becent: Repurchase of United States debt aimed at facilitating a return to price balance and freeing up banking space

On 3 September, United States Treasury Secretary Besent stated that Treasury bond buy-backs were aimed at “eliminating a bad outcome” through repurchases of less liquid long-term bonds, facilitating a return to price parity and releasing bank balance sheet space. Becent added: “I know what measures are planned for Japan.”