Wednesday, 26 August 2026 · Europe
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EUROPES The European Report
European Edition Wednesday, 26 August 2026
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Economy & Money

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

US debt tops $40 trillion as Treasury doubles bond buybacks to calm markets
Business | Euronews RSS

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 the first time.

This story was reported by Business | Euronews RSS. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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