Bloomberg
Buyback-fueled Treasury Rally Cools; US Public Debt Hits $40T | Bloomberg Brief 08/20/2026
Thursday, August 20, 2026
US Treasury announced plans to increase buybacks of longer-dated debt on August 20, 2026. US public debt reached $40 trillion for the first time. President Trump stated he would take action against Iran, targeting Tehran's trading partners. Equity futures and long-dated Treasury prices moved lower following the Treasury announcement.