Treasury sells $183 billion of two, five and seven-year notes August 25 to 27, the same week July PCE prints and Fed Chair Kevin Warsh gives his first Jackson Hole keynote.

Treasury will lift long-end bond buybacks to at least $4 billion per operation from September 9, 2026. The 30-year yield fell 9 basis points, then took it all back.

Treasury reopened the February 2056 TIPS on August 20, 2026 at a 2.973 percent real yield, the highest at a 30-year inflation-protected auction since October 2001.

Total public debt outstanding closed at $40,047,425,768,420.22 on August 18, 2026, the first reading above $40 trillion, 154 days after the $39 trillion crossing.

Foreign holdings of U.S. Treasuries fell $72.1 billion in June to $9.30 trillion as China cut to $633.4 billion and Japan trimmed $26.4 billion. Prime held at 6.75%.

The 30-year Treasury yield closed at 5.31% on August 17, the highest since June 2007. Prime held at 6.75% and federal debt neared $40 trillion.

The Fed publishes its July 28 to 29 minutes on Wednesday, August 19. The Committee held rates 9 to 3, three officials wanted a hike, and prime stayed at 6.75%.

The federal government ran a record $432.3 billion deficit in July 2026, pushing the fiscal 2026 shortfall past $1.799 trillion, more than all of fiscal 2025 combined.

Treasury sold $25 billion of 30-year bonds at 5.216 percent on August 13, the highest yield on long-dated federal debt since 2001, as bid-to-cover slipped to 2.39.