[Institutions: Market Closely Watching U.S. Debt Buyback Plan Scale, Wall Street Weighing Risks] Odaily Planet Daily News – U.S. Treasury Secretary Besent is preparing to announce the specific scale of the expanded federal debt buyback plan. As the government actively takes measures to curb the rising long-term borrowing costs, Wall Street is closely monitoring related developments. On Tuesday, Besent defended these interventions, describing the recent market sell-off as a speculative surge requiring public policy intervention. He stated that, as Treasury Secretary, his goal is to guide market conditions back to equilibrium rather than determine long-term market interest rates. Financial institutions are paying close attention to the soon-to-be-announced buyback scale, with the market generally expecting the figure to range between $5 billion and $6 billion. As the 10-year U.S. Treasury yield continues to hover near its highest level since 2023, the risks facing the market remain elevated. The 10-year Treasury yield directly impacts U.S. domestic mortgage rates and corporate debt financing costs. Economists warn that if the buyback scale is set at only $4 billion, it may disappoint investors and reignite selling pressure. Conversely, if the target scale is significantly higher, it could signal to the market that the U.S. government is more deeply concerned about market instability. (Jin10)