US Treasury Secretary Bessent could tap near USD 1tln treasury general account to fund bond buybacks, according to sources cited by CNBC

The officials would not say how much, if any, of the TGA would be used or when such an announcement could be made. There was no implication it could be used beyond the purchase of off-the-run securities that were the focus of last week's announcement. But they were clear that it is considered to be available.