Besant: The scale of U.S. Treasury buybacks may exceed the announced $4 billion

U.S. Treasury Secretary Basant stated that (regarding buybacks) this is an area with light trading in the market. The scale of buybacks may exceed the $4 billion we announced. U.S. Treasury yields have failed to reflect the fundamentals. Liquidity in the 30-year bond sector is particularly poor, and U.S. Treasury yields have failed to reflect the fundamentals.

The fiscal announcement may be released this weekend or early next week, and it is "very likely" that we have already seen the peak of the fiscal deficit.