The size of U.S. long-term Treasury bond repurchases may reach up to $6 billion, falling short of market expectations.

The U.S. Treasury has tripled the cap on its long-term bond buyback program to $6 billion, marking the latest effort by Treasury Secretary Bessent to curb rising long-term borrowing costs. However, the market reaction proved counterproductive, indicating that investors had anticipated a larger-scale operation.

wallstreetcn42minutes ago

Is the gold bull market set to make a comeback? Goldman Sachs discusses "entry timing": $4,000 before the Fed's September meeting!

① Anthony Kim, Global Head of Metals Trading at Goldman Sachs, stated that gold's underperformance since February represents merely a pause rather than the end of the bull market, with prices expected to reach new highs in the medium term; ② Goldman Sachs projects gold prices will rise to $4,900 per ounce by the end of 2026, with $4,000 serving as key support, and recommends establishing long positions near this level ahead of the Federal Reserve's interest rate decision meeting.

cls.cnSep 9 15:53

Why Are Gold and Silver Up Today, 9/9/26?

TipRanksSep 9 23:05

Express News | The U.S. Treasury Department announced the scale of its Treasury bond repurchase: up to $6 billion.

The U.S. Treasury will repurchase up to $6 billion in long-term bonds on Thursday. Earlier, the Treasury announced that, by November 4, the size of each individual long-term bond buyback would be at least doubled to $4 billion.

BreakingsSep 9 23:02

World Gold Council: Global gold ETFs attracted $18 billion in inflows in August, marking the second-largest monthly inflow on record.

More updates to follow.

wallstreetcnSep 9 20:53

Expectations of a rate hike have never missed the 40% threshold; the Federal Reserve’s September rate hike may emerge as the “least bad option”.

The surge in non-farm payroll data has pushed the probability of a Federal Reserve rate hike in September to 60%, leaving Governor Warsh in a dilemma between "disappointing the market" and "disappointing Trump." Shenwan Hongyuan warns that since 2015, expectations of a rate hike exceeding 40% have never failed to materialize, and heightened market expectations for a rate hike are unlikely to subside significantly following the release of CPI data. If the Fed makes an exception this time, the term premium could suffer a backlash. However, if the rate hike proceeds without a substantial upward revision to the future path, the impact may be much milder than market expectations suggest.

wallstreetcnSep 9 19:03