US Treasury Secretary Scott Bessent is about to announce the expansion of the US bond repurchase program. Wall Street traders are looking forward to this. The US Treasury Department is expected to announce the next day's repurchase of 10-year to 20-year US bonds on Wednesday; based on past experience, the relevant announcement will be made at 11:00 a.m. Washington time. This will be the first time since the US Treasury Department announced that it will take an unexpected step to expand the scale of longer-term treasury bond repurchases. On August 19, the US Treasury Department said it would at least double the scale of the 10-30 year treasury bond repurchase operation. At that time, it was only two weeks since the quarterly repurchase schedule was announced. Bezent has repeatedly declined to disclose the exact size of the September 10 share repurchase plan, but his public remarks have made many people expect the repurchase scale to exceed 4 billion US dollars. On Tuesday, Bezent described the plan as being aimed at “quenching” the market, apparently referring to last month's sell-off wave, where long-term yields were pushed to the highest level in many years.

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