Government Buys Back More of Its Own Bonds; Gold Rises, Dollar Weakens

Starting September 9, 2026, the Treasury will double its buybacks of long-term bonds — from $2 billion to at least $4 billion per operation. The quarterly ceiling rises from $30 billion to $38 billion. Interest rates on 30-year bonds fell 0.10 percentage points. Gold jumped over 3%; the dollar weakened. When the government buys its own debt, less is available, so rates drop.