The World Blog by humble servant.

U.S. Treasury $10 Billion Debt Buyback: Analysis Report Date : June 11, 2025 Prepared by : Humble Servant... Executive Summary On June 3, 2025, the U.S. Treasury executed a historic $10 billion debt buyback, the largest in American history, targeting securities maturing between July 15, 2025, and May 31, 2027. Officially aimed at enhancing market liquidity and optimizing debt management, the buyback has sparked debate, with critics labeling it as propaganda to mask deeper fiscal and market vulnerabilities. This report analyzes the buyback’s mechanics, stated objectives, and the reasons behind the propaganda perception, culminating in a final analysis that ties these elements together. 1. Background and Mechanics of the Buyback 1.1 Overview The U.S. Treasury repurchased $10 billion in outstanding debt, accepting the full target amount from $22.87 billion offered by market participants. This operation, part of a program relaunched in 2024, focused on less liquid, off-the-run Treasury sec...