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US debt tops $40 trillion as Treasury doubles bond buybacks to calm markets

Euronews

WorldEuronews·Aug 20, 2026·1 min read

US debt tops $40 trillion as Treasury doubles bond buybacks to calm markets

The US Treasury moved on Wednesday to calm a bond market rattled by surging borrowing costs, doubling the size of its debt buybacks hours before separate figures confirmed that the national debt had climbed past $40 trillion (€34.4tn) for…

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