Wednesday Evening Links

[CNBC] S&P 500 futures tick higher after index snaps three-day slide: Live updates[Yahoo/Reuters] US yields drop after Treasury offers liquidity support[Yahoo/Reuters] Oil prices settle near 4-week high as Middle East crisis escalates[Yahoo/Reuters] Global yields fall after US Treasury boosts debt buybacks[Yahoo/Reuters] US debt crosses $40 trillion threshold after doubling under Trump and Biden[Yahoo/Bloomberg] Treasury Bond Buybacks Evoke Memory of Fed’s ‘Operation Twist’[Yahoo/Bloomberg] Treasury’s Potentially Limitless Buybacks Cloud T-Bill Outlook[AP] An alarmed bond market gets the Trump administration to act again[AP] ‘Many’ Fed officials think higher rates will be needed if inflation stays high[Axios] Fed officials warned rate hikes may be needed if inflation stays high[NYT] U.S. Debt Hits $40 Trillion as America’s Borrowing Binge Continues[NYT] More Fed Officials Lost Patience About Elevated Inflation at Latest Meeting[WSJ] U.S. Debt Just Topped $40 Trillion: How We Got Here[WSJ] Fed Minutes Reveal Broader Support for Rate Increases[WSJ] Bessent Leans Into His Role as America’s Bond Trader in Chief[FT] US government debt hits $40tn as borrowing rises at historic rate