Key Takeaways Bessent said Treasury buybacks could exceed $4 billion per operation. Bitcoin stands above $72,000 per unit Aug. 20 as long-term Treasury yields retreated. Treasury’s expanded buybacks begin Sept. 9, with markets watching yields next. Bessent Cranks Up the Pressure on Long-Term Yields The comments followed the Treasury Department’s decision Wednesday to at least double the maximum size of liquidity-support buybacks for longer-dated government securities. The new floor jumps from $2 billion to $4 billion per operation beginning Sept. 9 and stays in place through Nov. 4. “We’re going to increase the size of the buyback,” Bessent told CNBC …