Markets live: US Treasury yields rise to session highs after Scott Bessent’s buyback operation undershoots target — Live Feedhttps://www.live-feeds.com/feed/markets-live-us-treasury-yields-rise-to-session-highs-after-scott-bessent-s-buyback-operation-undershoots-targetContinuously updated, source-cited coverage. US Treasury yields climb after $6 billion buyback operationhttps://www.live-feeds.com/feed/markets-live-us-treasury-yields-rise-to-session-highs-after-scott-bessent-s-buyback-operation-undershoots-targethttps://www.live-feeds.com/feed/markets-live-us-treasury-yields-rise-to-session-highs-after-scott-bessent-s-buyback-operation-undershoots-target#u65433Fri, 11 Sep 2026 20:07:27 +0000US Treasury yields reached session highs following a $6 billion buyback operation intended to lower borrowing costs. Bond markets sold off despite the Treasury Department's efforts. Scott Bessent dismissed concerns regarding the operation and maintained that Treasuries remain strong. Separately, the European Central Bank raised interest rates while warning of upside risks to inflation.Why it mattersThe Treasury uses buybacks to manage debt and reduce borrowing expenses. Market reactions to these operations signal investor confidence in government debt stability. The simultaneous ECB rate