Bessent Dismisses Concern on Buyback, Says Treasuries Are Strong
Treasury Secretary Scott Bessent dismissed any concerns with regard to Thursdayโs smaller-than-expected debt buyback operation, and played down concerns about a jump in yields.
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Treasury Secretary Scott Bessent dismissed any concerns with regard to Thursdayโs smaller-than-expected debt buyback operation, and played down concerns about a jump in yields.
Treasury Secretary Scott Bessent is set to reveal how far heโs initially willing to go restrain US bond yields via an expanded buyback program that has Wall Street dealers on edge.