The Bureau of the Fiscal Service announced a new US Treasury debt buyback operation scheduled for October 15, 2026. The department will offer to redeem up to $6 billion in long-dated bonds during a 20-minute window from 1:40 p.m. to 2:00 p.m. ET. A preliminary list includes 42 securities with maturities ranging from May 2040…
The U.S. Department of the Treasury and the Bureau of the Fiscal Service announced that they screened over 1.1 billion federal payments worth $3.7 trillion in fiscal year 2026. These efforts identified and returned approximately 13,500 payments totaling $175 million that were destined for deceased individuals. Access to the Do Not Pay data system expanded…
The Bureau of the Fiscal Service issued a final rule amending the Uniform Offering Circular for Treasury bills, notes, and bonds. The changes align auction terminology with an upcoming system upgrade and remove outdated references. Submitters of noncompetitive customer bids must now provide individual names and amounts before the auction close. The rule becomes effective…
The federal government spent $1.143 trillion on net interest in fiscal 2026, an 11 percent increase from the previous year. This amount exceeds spending on the Defense Department and Medicare, with only Social Security costing more. Total public debt reached $40.31 trillion by 8 October, placing it approximately $800 billion below the current statutory limit….