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Treasury to buy $6B in debt, but bond yields rise

The Treasury Department announced Wednesday it will triple the maximum amount of U.S. government debt it can buy back, as part of its effort to tamp down surging bond yields. The Treasury Department will increase its buyback limit from $2 billion to $6 billion per operation, according to its updated buyback operations schedule. The department…

Ford: Duffy criticism over deals with China ‘wrongheaded attempt to capture headlines’

Ford Motor Company on Tuesday accused Transportation Secretary Sean Duffy of spreading inaccurate information to drum up public scrutiny after Duffy criticized the automaker’s business ties with China. In a letter to the auto company’s chief executive, Jim Farley, Duffy expressed “profound concern” with Ford’s “reliance on technologies of foreign adversaries.” “When a company intentionally…

Tuesday, October 13, 2026

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