Treasury raised the max size of 10y–20y and 20y–30y liquidity-support buybacks from $2bn to at least $4bn per operation, 9 Sep through 4 Nov. FXStreet gold page: 10y more than 5bp, 30y nearly 9bp, DXY near 98.80, gold around $4,490.
The US Treasury is increasing the maximum size of liquidity-support buybacks in the 10-year to 20-year and 20-year to 30-year nominal coupon buckets from $2 billion to at least $4 billion per operation. That is the 19 August statement. The change is “at least double.” It is effective 9 September 2026 through 4 November 2026, the rest of this refunding quarter.
This is a larger bid for older, less-liquid coupons. FXStreet, citing Reuters, wrote that the size lift does not itself change the overall amount of US government debt. Treasury will say more on future sizes at the 4 November Quarterly Refunding. An updated tentative schedule comes later.
On the FXStreet gold page: the 10-year yield is down more than 5 basis points, the 30-year nearly 9. The dollar index trades near 98.80, down 0.87% on the day, the lowest since 29 May. Gold trades around $4,490, up more than 3.5%. That is one page. It is not an average of earlier recaps.
CNBC, via Forex Factory, said the announcement sent yields sharply lower and that Treasury will “at least double” the maximum from $2 billion to “at least” $4 billion. Same two buckets.
EUR/USD was above 1.1650 and GBP/USD above 1.3600 on FXStreet’s related dollar tape after the same statement. That is the pair-specific leg of a weaker dollar, not a separate story.
| Stamp | Source | |
|---|---|---|
| 10-year yield | down more than 5 bp | FXStreet gold page |
| 30-year yield | down nearly 9 bp | same page |
| DXY | near 98.80 (−0.87%) | same page |
| XAU/USD | around $4,490, up more than 3.5% | same page |
July FOMC minutes are due 23:30 IST (18:00 GMT). Setup is already live: 9-3 hold, 65.4% September hold. The first enlarged operations are 9 September. The next refunding print is 4 November.
Live dollar and gold are on prices. The minutes stamp is on the economic calendar.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
No comments yet. Be the first to share your view.
July 28–29 minutes: 9-3 hold at 3-1/2 to 3-3/4 percent. Hammack, Kashkari, Logan preferred +25bp. Several participants favored a hike at that meeting. Next FOMC 15–16 September.
SK hynix board approved a ₩40tn repurchase and full cancel, about 24.07 million shares. Starts 20 Aug. Yonhap: $28.7bn. KOSPI closed 6,471.17, −5.80%.
Reuters citing Kpler: 6 commodity ships through Hormuz on Tuesday 18 Aug, down from 9 Monday, vs a 10-day average of 11. Iran says closed. Trump says open, no talks. Oil stamps disagree; they are not averaged.