U.S. Treasury Matches Historic $10B Debt Buyback for Second Time in June
The U.S. Treasury executed another $10 billion debt buyback on June 10, equaling its largest repurchase in history—a record first set just days earlier on June 3. The operation targeted securities maturing between 2024 and 2027, part of a strategy to manage interest costs and optimize the government''s debt profile.
Market participants offered $18.1 billion in eligible securities for the latest buyback, with the Treasury accepting 18 of 40 issues to hit its $10 billion cap. This follows the June 3 operation that retired $10 billion from $22.87 billion in submitted debt. The scale dwarfs the previous 2000 record of $3 billion.