PANews said that the U.S. Treasury will October 1 purchase up to 6000000000 USD of 10- to 20-year U.S. Treasury notes in a liquidity buyback operation.
X account @secscottbessent posted: “Under Operation Economic Outcast, Treasury will continue to target and disrupt those who provide material, technological, or financial support that allows the Iranian regime to sustain its terrorist enterprise. Treasury will not tolerate any support to the regime and will”
PANews cited Axios as reporting that U.S. Treasury official Luke Pettit will October leave and join the private sector; the report said he previously participated in work related to the GENIUS bill and the CLARITY bill.
U.S. Treasury Secretary Bessent said that after the expansion of repurchase operations, the 30-year U.S. Treasury yield did not rise noticeably, core inflation indicators did not increase, and energy supply shocks will be monitored.