US Treasury Executes Record Debt Buyback, Exceeding $12.5 Billion

The U.S. Treasury has just completed its largest-ever debt buyback, retiring a record $12.5 billion in old bonds. This move comes as the national debt surpasses $35 trillion, highlighting the country’s escalating fiscal challenges. 💰 The transaction signifies a crucial shift in how the Treasury manages the U.S. bond market, using newly minted dollars to offset existing debt obligations.