UST · TREASURY BUYBACK

Treasury buyback scheduled — Nominal Coupons 3Y to 5Y

Tentative Treasury debt-management operation. A buyback changes the maturity and liquidity profile of outstanding debt; it is not Federal Reserve quantitative easing.

EVENT TIMEAugust 19, 2026 at 3:00 PMUTC · see timestamp basis below

STATUSSETTLED

ANNOUNCEDAug 19, 2026

OPERATIONAug 20, 2026

SETTLEMENTAug 21, 2026

TENTATIVE MAX$4.0B

ACCEPTED VOLUMENot yet published

COMPLETED DAILY CANDLES

Bitcoin forward reaction

Horizon	Return	Worst excursion	Best excursion
1D	+12.88%	+6.45%	+13.47%
3D	+19.13%	+6.45%	+22.91%
5D	+22.11%	+6.45%	+23.68%
7D	+22.18%	+6.45%	+25.64%

Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.