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” the repurchase scale, covering 10-year to 30-year bonds. The yield on long-term US Treasury bonds declined after the US Treasury news was released. According to information from the British side, although expanding treasury bond repurchases will help ease the pressure on the long-term bond market, this easing may be short-lived. Market participants believe that the Ministry of Finance's actions covered up but did not really solve the fundamental structural problems. According to US sources, compared with the size of the US Treasury bond market, the US Treasury's repurchase scale is relatively small. What is important is its symbolic significance, that is, the US Treasury is willing to use tools to ease the pressure faced by the treasury bond market.

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