机构：市场密切关注美债回购计划规模，华尔街正权衡风险

Odaily News: U.S. Treasury Secretary Bessent is preparing to unveil the specific scale of the expanded federal debt buyback program. As the government takes active measures to curb rising long-term borrowing costs, Wall Street is closely monitoring related developments. Bessent defended these interventions on Tuesday, describing the recent market sell-off as a speculative rally that requires public policy intervention, and stated that as Treasury Secretary, his goal is to push market conditions back toward equilibrium, rather than dictate long-term market interest rates.

Financial institutions are closely watching the upcoming buyback scale, with market expectations currently placing the figure between $5 billion and $6 billion. With the 10-year Treasury yield continuing to hover near its highest levels since 2023, the risks facing the market remain elevated. The 10-year Treasury yield directly affects domestic mortgage rates and corporate debt financing costs in the United States. Economists have warned that if the buyback scale is set at only $4 billion, it could disappoint investors and reignite selling pressure; however, if the target scale is significantly higher, it could signal to the market that the U.S. government is more concerned about market instability than previously thought. (Jin Shi)