U.S. Treasury Increases Long-Dated Liquidity Support Buybacks

The U.S. Department of the Treasury has increased the size of its liquidity support buyback operations for longer-dated nominal coupon securities, effective September 9, 2026. The maximum size per operation will be at least $4 billion, doubling the previous limit of $2 billion. This move aims to provide greater liquidity support in sectors with consistent strong market participant sponsorship.