India, Sept. 9 -- Markets are waiting for a key announcement from the US Treasury on Wednesday, with investors watching how aggressive Treasury Secretary Scott Bessent's bond-buying plan will be. The Treasury is expected to announce around 11 a.m. how much debt it plans to buy back in its next operation.

The buyback could be bigger than the initially announced $4 billion. Bessent said last month that the Treasury would buy back at least $4 billion of already-issued, long-term US government debt, mainly focusing on 10-year and 20-year notes, CNBC reported.

Treasury buyback could top $4 billion

The $4 billion amount is already twice the normal size of Treasury buyback operations. But investors and analysts increasingly believe that $4 bi...