A Treasury showdown with the bond market

About this episode

Why is the U.S. Treasury planning to buyback at least double the number of long-dated government bonds it usually does? And will Treasury Secretary Scott Bessent’s buyback plan pit him against both the bond markets and the Federal Reserve? Today we explain what the Treasury’s up to and what it means for you.  Fact checking by Sierra Juarez. Your Next Listen  —Bond vigilantes. Who they are, what they want, and how you'll know they're coming Connect with The Indicator  — Sign up for The Indicator’s weekly newsletter!  — Buy the Planet Money book  — Find our socials, YouTube and more!  — For sponsor-free episodes, subscribe to NPR+ Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org. See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy