US Treasury's 'Big Rescue Move' for US Bonds Fails: Prices Fall Back to Original Levels in Just One Day — Experts: Trump Must Make a Choice

On the 19th, the US Treasury unexpectedly announced it would at least double its repurchase program for 10- to 30-year long-term US Treasuries, raising the scale to $4 billion, aiming to resolve liquidity stagnation in the long-term bond market. This triggered a broad rise in US Treasury prices, a sharp drop in yields, and a rapid increase in US stock futures.

However, financial writer Di Xiang stated on the 20th: "Just one day later, prices have returned to their original levels." Although Treasury Secretary Bessent announced the "doubled buyback plan," the intervention effect was fleeting. On the 20th, US Treasuries fell again, and yields spiked sharply, nearly erasing the previous day’s gains.

The 30-year Treasury yield rose approximately 5 to 6 basis points, reaching 5.251%; the 10-year Treasury yield also surged by 5.1 basis points, hitting 4.704%.

Why did US Treasuries fall back within just one day? Experts reveal the market’s true sentiment.

Di Xiang commented: "The fact that prices reverted to the starting point within just one day after the Treasury’s major move shows that the market believes this measure is merely treating symptoms, not the root cause."

Di Xiang further pointed out that while Treasury yields remain elevated, gold prices have risen more than 10% from their lows. "I believe this reflects growing market distrust in the US dollar and US Treasuries."

He bluntly stated: "Interest rates and war are like fish and bear’s paws — you cannot have both. President Trump must make a choice quickly, or the market will force him to choose again."

More exclusive insights from Feng Media: · Despite frequent interventions by Secretary Bessent, can US Treasury yields truly be suppressed? This financial game might be 'treating symptoms, not curing disease.' · 30-year Treasury yields surge to near 20-year highs! As governments and corporations scramble for funds simultaneously, will the 'Bond Volunteers' re-emerge? · Rate hike in September? Experts reveal what the Fed is quietly buying: US Treasury yields hold the key to whether hikes are necessary.