U.S. Treasury delays $4B debt buyback after 'technical' issue

The U.S. Treasury had planned to buy back $4 billion of its own debt on the day but postponed the operation after encountering a "technical issue," according to an official public statement. The Treasury added that the rescheduled date will be informed on Jan. 16 at 9:00 AM ET. A debt buyback allows the government to repurchase outstanding obligations ahead of maturity to better manage its budget and ensure smooth functioning in financial markets. Related: Treasury Secretary Bessent reveals plan to tack ...