US debt

Bigger US bond buybacks aimed at avoiding disorderly moves, not setting prices

She urges all countries to tackle their fiscal problems and wants central banks to stay ‘laser-focused’ on their price stability mandates

Dealers had assumed the Treasury would fund those purchases by issuing more shorter-dated debt

Gold has held above the key US$4,000-an-ounce support threshold since mid-July

Investors say they wanted the Treasury to take steps that would provide more lasting support

Impact of intervention appear short-lived, as yields rose again on Aug 20

The federal government’s IOU has now more than doubled in less than a decade

There are six possible scenarios, with crisis-induced austerity the most likely outcome

The measure would extend his 2017 tax cuts, give new tax breaks for income from tips and overtime pay and increase spending on the military and immigration enforcement