_{US NEWS}

Treasury’s $4B Buyback Exposes Liquidity Strains Ahead of Jackson Hole

The U.S. Treasury repurchased $4 billion in bonds this week—one of its largest buybacks on record—but investor offers to sell totaled $29 billion, underscoring strong demand for liquidity and potential funding stress. Despite the intervention, Treasury yields climbed, signaling limited relief for markets. Attention now turns to Fed Chair Jerome Powell’s Jackson Hole speech, where traders expect clarity on the rate outlook amid split opinions inside the Fed and ongoing inflation risks tied to tariffs and supply chain pressures. Read More.

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U.S. Debt Surges Past $37 Trillion as “Big Beautiful Bill” Raises Borrowing Cap by $5 Trillion

America’s national debt has topped $37 trillion for the first time, with room to rise above $41 trillion after President Trump’s One Big Beautiful Bill Act added a record $5 trillion increase to the debt ceiling. The measure averted a near-term default but drew sharp criticism from budget experts, who warn it accelerates the country’s unsustainable fiscal trajectory. Analysts note the inclusion of the debt limit in a massive reconciliation package shows neither party sees it as a tool for restraint, raising concerns about widening deficits, downgraded credit ratings, and a looming fiscal crisis if spending reforms aren’t addressed. Read More.