# Bessent could tap nearly $1 trillion Treasury account to fund bond buybacks, sources say

https://mins.news/en/item/32021

- CNBC, 2026-08-24 13:17 UTC
- Economy
- Original: https://www.cnbc.com/2026/08/24/bessent-1-trillion-treasury-general-account-bond-buybacks.html

> Sources say Treasury Secretary Bessent could use nearly $1 trillion in the Treasury General Account to finance bond buybacks. Drawing on the account would give the Treasury considerable power to influence long-term bond yields.

## Related coverage

- [Bessent’s Bond Buying “Mistake”](https://mins.news/en/video/32304) — Bloomberg Television, 2026-08-25
- [Bitcoin tops $80,000 as Treasury weighs $950 billion cash pile for bond buybacks](https://mins.news/en/item/32084) — CryptoSlate, 2026-08-25
- [Bessent Stops Short of New Bond Measures Amid Report on Cash Use](https://mins.news/en/item/31134) — Bloomberg News, 2026-08-25
