The US Treasury Department announced on the 19th that it will expand the scale of repurchases of long-term treasury bonds to provide greater liquidity support to the bond market. According to the statement, the US Treasury's liquidity support for long-term treasury bonds will “at least double”, from US$2 billion to US$4 billion, covering 10-year to 30-year bonds. Recently, the yield on US long-term treasury bonds has continued to rise. The yield on US 30-year Treasury bonds reached 5.31% on the 17th, a record high since June 2007. The rise in long-term treasury yields means that the cost of financing future bonds issued by the US government will increase further. John Briggs, an analyst at the French Foreign Trade Bank, believes that the US Treasury is sending a signal by expanding the scale of repurchases. If the yield on treasury bonds is too high, the Treasury will take action. After the US Treasury news was released, the yield on US long-term treasury bonds fell significantly.

The US Treasury Department announced on the 19th that it will expand the scale of repurchases of long-term treasury bonds to provide greater liquidity support to the bond market. According to the statement, the US Treasury's liquidity support for long-term treasury bonds will “at least double”, from US$2 billion to US$4 billion, covering 10-year to 30-year bonds. Recently, the yield on US long-term treasury bonds has continued to rise. The yield on US 30-year Treasury bonds reached 5.31% on the 17th, a record high since June 2007. The rise in long-term treasury yields means that the cost of financing future bonds issued by the US government will increase further. John Briggs, an analyst at the French Foreign Trade Bank, believes that the US Treasury is sending a signal by expanding the scale of repurchases. If the yield on treasury bonds is too high, the Treasury will take action. After the US Treasury news was released, the yield on US long-term treasury bonds fell significantly.