Treasury Secretary Scott Bessent is moving to expand buybacks of long-dated US government debt as officials seek to ease pressure in the $32 trillion Treasury market after a sharp rise in long-term yields. Treasury said it would at least double planned liquidity-support buybacks for 10- to 30-year securities, and Bessent said purchases could exceed $4 billion per issue. The move briefly pushed yields lower, but the rally faded as investors questioned whether buybacks can do more than temporarily improve market functioning while inflation concerns, geopolitical risks, AI-related borrowing and large U.S. deficits continue to pressure long-term debt.

US-listed ETFs are set to experience a record $2 trillion in inflows in 2026, a 40% jump over last year, according to Goldman Sachs. The surge is driven by strong investor interest, with over $1 trillion already flowing into ETFs in the first half of the year. Data from ETFGI corroborates this momentum, reporting $1.2 trillion in net inflows through July. The expanding use of ETFs by institutional investors for building diversified, multi-asset portfolios has been a key factor behind the unprecedented volume.

CFTC Chair Michael Selig said the agency is prepared to use its existing authority to establish crypto market structure rules if Congress does not pass the CLARITY Act. The CFTC is exploring a regulated crypto asset market for leveraged trading and legal pathways for on-chain finance developers, while continuing to support congressional action on a broader statutory framework.